The markets had a bit of a wild day today as investors weighed the comments from a handful of Federal Reserve speakers. The Dow 30 lost 9 by the sessions close, the S&P 500 lost 4, and the Nasdaq 100 gained 1. Tomorrow the scheduled news is light leaving traders to adjust to any market headlines.
Disney (DIS ) enjoyed a nice day today (+0.85%) as news came out that they are doing well at the box office. The entertainment giant's newest movie, "Beauty and the Beast" brought in a massive $170 million dollars in North American ticket sales in its opening weekend. According to IMDB this makes it the biggest box office movie so far this year and the seventh-best debut of all time. Shares continue to plow ahead making new highs today for 2016.
Sprouts Farmers Market (SFM ) started the day with more green, but given the 30% move in just a few days, sellers decided to take some profits causing a small down day. (-0.91%). The move came after Bloomberg reported that "privately held Albertsons was in talks with the organic grocer about a potential merger." A deal would add to Albertsons' portfolio of supermarket brands, which includes Safeway, Vons and Shaws.
Deutsche Bank (DB ) suffered a 3.42% decline today after Germany's largest lender issued new shares to raise about $9 billion in fresh capital. The bank also said it "slashed bonuses by 80% last year after reporting a full-year loss for the second year in a row." The move today puts shares into negative territory for the year.