US Stocks Mixed; Disney Earnings Top Views

U.S. stocks traded mixed this morning, following the release of jobless claims data on Thursday.

Following the market opening Thursday, the Dow traded up 0.07% to 38,703.01 while the NASDAQ fell 0.07% to 15,746.25. The S&P 500 also fell, dropping, 0.06% to 4,991.87.

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Leading and Lagging Sectors

Energy shares rose by 0.5% on Thursday.

In trading on Thursday, utilities shares fell by 0.6%.

Top Headline

The Walt Disney Company (NYSE: DIS) reported better-than-expected earnings for its first quarter and declared a cash dividend of 45 cents per share.

The company announced a new share repurchase program and said it expects fiscal 2024 earnings of roughly $4.60 per share. Disney also announced a $1.5 billion investment in leading video game company Epic Games.

Equities Trading UP

Syra Health Corp. (NASDAQ: SYRA) shares shot up 424% to $5.84 after the company announced a partnership for a federal contract valued …

Full story available on Benzinga.com