Wall St rises on robust earnings, Disney hits five-month high

U.S. main stock indexes rose on Thursday with Disney and Salesforce boosting the blue-chip Dow index, while data showing a rise in weekly jobless claims helped ease concerns about the Federal Reserve’s rate-hike path.

Disney Co gained 3% to its highest level since late August after topping earnings estimates and announcing 7,000 job cuts as part of an effort to save $5.5 billion in costs.