Bob Iger, CEO, The Walt Disney Company appears at the Disney Entertainment Showcase at D23: The Ultimate Disney Fan Event in Anaheim, California on August 09, 2024.
Jesse Grant | Getty Images Entertainment | Getty Images
My top 10 things to watch Thursday, Nov. 14
1. Wall Street is looking to reclaim its post-election momentum after two subdued sessions. It’s not too late to join the CNBC Investing Club ahead of our November Monthly Meeting, which kicks off at noon ET. I’ll be discussing what Donald Trump’s return to the White House means for stocks.
2. Wholesale inflation in October largely matched expectations. The producer price index increased 0.2% month over month, in line with economists’ forecasts, according to Dow Jones. Meanwhile, initial jobless claims in the week ended Nov. 9 totaled 217,000, down 4,000 from the prior week.
3. Disney shares are surging after the Club holding reported better-than-expected quarterly results, driven by its streaming and movie business, and provided an encouraging multiyear earnings outlook. Highly unusual, but positive.
