Closing Bell: Stocks give up early gains, Disney leads the Dow 8/11/22

Another cooler-than-expected inflation report helped boost sentiment in early trading, but gains faded throughout the session following Wednesday’s big rally. Cowen CEO Jeff Solomon and Alli McCartney from UBS give their outlook on the market and the Fed’s path. Disney held on to gains after reporting strong earnings and streaming subscriber numbers. Former NBC Entertainment Co-Chairman Ben Silverman weighs in on if he thinks consumers will be willing to pay more for Disney+. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.