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5,772

The S&P 500’s fifty-day moving average, a key short-term technical level that sits 1.7% below its 5,870.62 close on Friday. A test of 5,772 and a successful bounce higher by the of the week could foretell further gains for the index over the final six weeks of the year. If the index breaks below 5,772 for a couple of days, one of the next potential support levels to watch would be the current 100-day moving average of 5,638, about 4% below Friday’s close.

$321 million

The profit in Disney’s (DIS) direct-to-consumer (DTC) segment during the third quarter, above the consensus analyst estimate of $203 million. The DTC division, which includes the Disney+, Hulu, and ESPN+ streaming services, had been a substantial drag on the entertainment’s profitability trajectory for most of the last three years. DIS (+16.2%) was the strongest performing stock in the S&P 500 last week after underperforming the index by 17% on a year-to-date basis through November 8.