HomeMarketsIndicesStock Market Today: DIS, FL Weakness & TSLA Strength

Stock Market Today: DIS, FL Weakness & TSLA Strength

The Dow Jones ended higher, along with the S&P 500, Nasdaq-100, and Russell 2000. Technology was the best performer among the sectors. Walt Disney (DIS) shares closed down after Macquarie downgraded shares to neutral from outperform, with a reduced price target of $103. Foot Locker (FL) shed over 27% on Friday dragging on other retailers. FL cut its guidance for the year, after warning that sales have slowed in the recent weeks. Tesla (TSLA) closed higher after hosting investors at its Texas Gigafactory. The analysts said they were impressed with the plant. Tune in to find out what to watch for tomorrow and to find out more about the stock market today.

19 May 2023

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