2025-05-10
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Hey listeners, it's Saturday, May 10th.
I'm Francesca Fontana for The Wall Street Journal, and this is What's News in Markets,
our look at the biggest stock moves of the week and the news that drove them.
Let's get to it.
The stock market started this week pretty gloomy,
as the S&P 500 and the Dow both snapped nine-day winning streaks on Monday.
Trade jitters, of course, continued to be at play for investors.
And those jitters weren't calmed by President Trump's meeting with Canada's prime minister or promises of trade deals.
But things turned around on Wednesday as the Federal Reserve held rates steady.
And we got a nice rally on Thursday on the announcement of a trade pact between the U.S. and the U.K.,
which had some good news in it for Boeing, but more on that later.
All in all, though, all three major indexes ended the week slightly lower.
First up, let's talk Disney.