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WSJ Your Money Briefing

What’s News in Markets: Disney Shines, Cleveland-Cliffs Slides, Boeing Climbs

WSJ Your Money Briefing

The Wall Street Journal

News, Business News

3.81.6K Ratings

🗓️ 10 May 2025

⏱️ 5 minutes

🧾️ Download transcript

Summary

Why did Disney’s Middle East expansion wow investors? And how is steelmaker Cleveland-Cliffs slowing down its operations? Plus, how did Boeing benefit from the U.S.-U.K. trade agreement? Host Francesca Fontana discusses the biggest stock moves of the week and the news that drove them. Sign up for the WSJ's free Markets A.M. newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Americans love using their credit cards, the most secure and hassle-free way to pay.

0:04.0

But DC politicians want to change that with the Durban Marshall Credit Card Bill.

0:08.0

This bill lets corporate megastores pick how your credit card is processed,

0:13.0

allowing them to use untested payment networks that jeopardize your data security and rewards.

0:18.0

Corporate megastores will make more money and you pay the price.

0:22.1

Tell Congress to guard your card because Americans lose when politicians choose. Learn more at

0:28.1

guard your card.com. Hey listeners, it's Saturday, May 10th. I'm Francesca Fontana for the Wall

0:37.1

Street Journal and this is What's News and Markets. Our I'm Francesca Fontana for the Wall Street Journal, and this is

0:38.5

What's News in Markets, our look at the biggest stock moves of the week and the news that drove

0:43.1

them. Let's get to it. The stock market started this week pretty gloomy, as the S&P 500 and the

0:50.2

Dow both snapped nine-day winning streaks on Monday. Trade jitters, of course, continued

0:55.3

to be at play for investors, and those jitters weren't calmed by President Trump's meeting with Canada's

1:01.7

prime minister or promises of trade deals. But things turned around on Wednesday, as the Federal Reserve

1:07.9

held rates steady. And we got a nice rally on Thursday

1:11.7

on the announcement of a trade pact between the U.S. and the U.K.,

1:15.6

which had some good news in it for Boeing,

1:17.7

but more on that later.

1:19.8

All in all, though, all three major indexes

1:21.9

ended the week slightly lower.

1:35.3

First up, let's talk Disney. The entertainment company announced plans for a new theme park, and investors were certainly celebrating. Disney said that its new park, which will be its

1:40.8

seventh global park, will be built in Abu Dhabi.

1:48.2

So it's expanding its lucrative experiences business into a new market.

...

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