In Thursday’s trading session, Walt Disney Company (DIS) climbed over +4% and was the top percentage gainer on the blue-chip Dow after the company lowered its 2023 capital expenditures forecast and said it would raise prices on its streaming services. While inflation is moving in the right direction, the still-elevated level suggests that the Fed is some distance from cutting rates,” said Seema Shah, chief global strategist at Principal Asset Management. For more information please view the Barchart Disclosure Policy here.