Everyone and his dog can make money in a bull market, but what happens next?
But Wall Street pushes the shares below $67 after hours. ESPN drives Disney's profit gains, but the company expects a writedown of at least $160 million from 'The Lone Ranger.'
The next few weeks could be volatile after the market hit new highs in July. Disney, meanwhile, will be this week's big earnings report.
The economy adds 162,000 jobs in July, less than expected. The jobless rate drops to 7.4%, the lowest in 4 1/2 years. Stocks slide at first but surge at the close.
But the market is beginning to look overbought as oil prices and interest rates are on the move again. Google, Apple and Facebook boost the Nasdaq.
Good economic news has given the bulls something to cheer about, but bears point to future challenges on the horizon.
The shares are up more than 42% since reporting a huge earnings and revenue beat for the 2nd quarter. CEO Zuckerberg's stake has jumped from $13 billion to $18.8 billion.
The rally shows its strength by shrugging off weakness in Japan and worries about next week's Fed meeting. Exxon, Chevron and Whole Foods report results.
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