News of Bahrain
Business28 December 20151 min read

'Star Wars' lifts Disney as US stocks dip

By Photo: A still from the movie "Star Wars: The Force Awakens" (variety.com). Disney shares jumped on "Star Wars" record ticket sales and Amazon gained on higher holiday subscriptions as US stocks opened lower Monday in the first session of a holiday-shortened week. Five minutes into trade, the Dow Jones Industrial Average was at 17,480.84, down 71.33 poin

Editorial Team Legacy

Published 28 December 2015, 8:00 · Updated 21:38

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'Star Wars' lifts Disney as US stocks dip

Disney shares jumped on "Star Wars" record ticket sales and Amazon gained on higher holiday subscriptions as US stocks opened lower Monday in the first session of a holiday-shortened week.

Five minutes into trade, the Dow Jones Industrial Average was at 17,480.84, down 71.33 points (0.41 percent).

The broad-based S&P 500 fell 8.51 (0.41 percent) to 2,052.48, while the tech-rich Nasdaq Composite Index dropped 17.73 (0.17 percent) to 5,030.77.

Disney rose 1.1 percent as its blockbuster, "Star Wars: The Force Awakens," passed the $1 billion mark in ticket sales in record time.

Amazon tacked on 0.7 percent as it announced adding three million customers to its Prime subscription service worldwide in the third week of December as it capped a record holiday season.

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