Due to the success of its animated film “Frozen,” The Walt Disney Company (DIS) reported higher-than-expected profit for the March-ending quarter, at $1.11 earnings per share (EPS) instead of the predicted $0.96 EPS.
The S&P 500, the Nasdaq and the Dow Industrial Averaged ended the day down, continuing a declining January market into February. Markets reacted weakly to mixed preliminary jobs data.