Commodities
Stocks Soar as Disney Surpasses Expectations
The stock market continued its upward trend on Wall Street, with the S&P 500 rising by 0.6% and adding to its record set a day earlier.
The Dow Jones Industrial Average rose 381 points, while the Nasdaq composite increased by 0.4%. The Walt Disney Co. saw gains after reporting better-than-expected results, thanks in part to the success of 'Toy Story 5', which brought in over $1 billion at the box office.
Oil prices edged higher, with Brent crude rising 1% to just over $80 a barrel. However, SpaceX experienced losses after reporting increased spending on artificial intelligence, with capital expenditures reaching nearly $16 billion.