Markets on Wall Street rose modestly in early trading Thursday as more corporate earnings are released ahead of another inflation update from the U.S. government. Futures for the S&P 500 were up just 0.

Disney shares rocketed higher in Thursday trading after the major studio, led by CEO Bob Iger, reported its latest quarterly results, including strong film unit results, driven by the likes of Deadpool & Wolverine and Inside Out 2.

U.S. stocks are edging lower as the market’s big burst following Donald Trump’s election continues to cool. The S&P 500 was down 0.3% in Thursday afternoon trading. The Dow Jones

Disney rallied after earnings, as investors got a rare three-year forecast that showed the company expects double-digit earnings growth in 2026 and 2027.

Shares of The Walt Disney Company surged Thursday as fourth-quarter revenue and adjusted profit topped analysts' estimates and the entertainment giant laid out initial projections for the next three fiscal years.

Walt Disney Co. saw streaming profits grow in the latest quarter, underscoring progress on the company’s effort to transform direct-to-consumer distribution, recently a loss-making endeavor, into a financial engine.