Wall Street will look ahead to weekly jobless claims as well as the producer price index for April.
Disney, which is one of the 30 names on the Dow, saw its shares tumble 4.5% during after hours trading following its. While higher prices helped its streaming division to narrow its losses, it dealt a harsh blow to subscriber growth.
"This is rebalancing and getting more efficient as they curate content. This is big news," Ken Leon, CFRA Research's director of equity research said on CNBC's"It's essentially saying, 'We're not putting everything into the future direct streaming, and we're also going to look at where we can get the best returns that drive free cash flow," Leon continued.
Speaking to reporters ahead of the G-7 finance ministers and central bank governors meetings in Niigata, Japan, Yellen said she was aware of"America should never default," she said. "Something that would so badly undermine the U.S. and global economy, I think it should be regarded by everyone as unthinkable."
"There is no good alternative that will save us from catastrophe. I don't want to get into ranking which bad alternative is better than others, but the only reasonable thing is to raise the debt ceiling and to avoid the dreadful consequences that will come," she told reporters.Japanese yen strengthens as dollar index slides after U.S. inflation report
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Is Disney Creating a 5th Theme Park at Disney World?And will it be called Force World?
Baca lebih lajut »
Disney Earnings: Streaming Losses Shrink and ARPU Rises, Disney+ Subscribers Fall to 157.8MHigher prices did not seem to materially impact the Disney+ domestic subscriber base even as the service lost subs due to international arm Disney+ Hotstar.
Baca lebih lajut »
Disney stock falls as Disney+ subscribers decline amid push to lose less money in streamingAfter adjusting for restructuring costs and other effects, Disney reported fiscal second-quarter net earnings of 93 cents a share, down from $1.08 a share a year ago. $DIS declined after the earnings report showed Disney+ subscribers declining recently:
Baca lebih lajut »
Disney will bring Hulu content into Disney Plus and raise its ad-free pricesDisney is finally combining Hulu and Disney Plus into the same app
Baca lebih lajut »
Disney+ and Hulu to combine into one app for US subscribers by end of yearDisney CEO Bob Iger announced plans to combine Disney+ and Hulu into one app.
Baca lebih lajut »
Disney+ and Hulu to combine into one app for US subscribers by end of yearDisney+ and Hulu to be combined into a single app for U.S. subscribers by end of year
Baca lebih lajut »