Disney (DIS) Leads Dow’s Mixed Close: Impact on Stock Market and Crypto Coins

• Stocks closed with mixed results on Tuesday, with the Dow Jones Industrial Average and S&P 500 edging slightly higher while the Nasdaq composite slipped.
• Disney (DIS) plunged and was the worst performer on the Dow, while Palantir Technologies (PLTR) sold off on the stock market following earnings.
• The Dow Jones Industrial Average ticked 0.1% higher, the S&P 500 also added 0.1%, while the Nasdaq pulled back 0.1%.

Stocks showed mixed results on Tuesday, with Disney (DIS) experiencing a significant plunge, making it the worst performer on the Dow. Meanwhile, Palantir Technologies (PLTR) also sold off on the stock market following earnings.

Disney Is Worst In Dow

Walt Disney (DIS) gapped down 9.5% in huge volume and knifed below its 50-day line, triggering a sell signal. The media and entertainment company reported better-than-expected adjusted earnings for its fiscal second quarter. However, revenue came up short of forecasts.

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