BUZZ-U.S. Stocks on the Move-Walt Disney, Alphabet, Kraft Heinz
SPY•Market overview
The S&P 500 and the Dow traded at all-time highs on Wednesday on hopes of a Middle East peace breakthrough, while the tech-heavy Nasdaq struggled to stay afloat, limited by a slide in SpaceX and AMD after the upbeat forecasts issued by the companies failed to impress investors.
At 1330 EDT, the Dow Jones Industrial Average .DJI was up 0.80% at 54,518.60. The S&P 500 .SPX was down 0.02% at 7,735.25, and the Nasdaq Composite .IXIC was down 0.51% at 26,448.02.
Stocks in focus
Walt Disney Co DIS.N: BUZZ - Seen posting higher rev, EPS in results due Wednesday nL6N4411AP
Walt Disney Co DIS.N: BUZZ - Gains after upbeat quarterly profit nL4N4421UX
Alphabet Inc GOOGL.O: BUZZ - Falls after AI leadership shake-up nL4N44211D
Kraft Heinz Co KHC.O: BUZZ - Falls after second-quarter results, annual forecast update nL4N4420NC
Other notable movers included Advanced Micro Devices Inc AMD.O, which dropped after a strong forecast fell short of lofty expectations, and Shopify Inc SHOP.O, which jumped on upbeat quarterly revenue forecast. A number of health care, industrial, energy and financial stocks also moved sharply after earnings updates, guidance changes and deal news.




