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FEB 06, 2014 - San Francisco Chronicle

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US stocks move sharply higher; Disney jumps

U.S. stocks rose sharply in morning trading Thursday as investors cheered new unemployment data and strong earnings from Disney. The media giant got a lift from its movie hit "Frozen" and sales of the "Disney Infinity" video game. The upheaval has renewed doubts about the Federal Reserve's next steps. Investors hammered Twitter's stock on worries that growth is slowing at the short online messaging service. The company reported stronger-than-expected fourth-quarter revenue and adjusted earnings late Wednesday, its first quarterly earnings report as a publicly traded company. General ... Read More

Tags: US stocks move sharply higher; Disney jumps,  Unemployment Latest News