Cheddar News looks toward The Day Ahead as earnings are on tap from companies, including Disney, Beyond Meat and Wendy's while the latest inflation report is due out just prior to opening bell.

Closing Bell

The Day Ahead: Earnings, Inflation Report

Let's take a look ahead of the event. Sure to move markets tomorrow. We got more earnings on tap Disney. Beyond me, Wendy's and Roblox all set to report on Wednesday. We'll be watching Disney as it set to report second quarter earnings after the markets close on Wall Street expects the entertainment giant will post a year on year decline in earnings but an increase in sales after recovering from a slump amid the pandemic. Disney's earnings have improved over its latest quarters. Investors will be looking for further growth in Disney Parks and the streaming segment after both saw positive growth in the first quarter, we will also keep an eye out for any mention of the ongoing legal battle with Florida's Governor Ron de Santis and a key report on inflation due out tomorrow morning. That's the April consumer price index that we've been talking about. All show. It will give us an indication as to whether inflation is continuing its downward trend from last summer's historic highs in March. The annual inflation rate was 5% falling a full 5% points lower than the previous month hitting its lowest level since May of 2021 while full coverage of CPI and how markets are reacting on closing Bell. And throughout the day right here on Chet news and the US national airline quality rating. Also due out tomorrow, the annual study ranks major US airlines performance and quality. Looking at factors like mishandled baggage, consumer complaints on time performance and involuntary denied boardings. While researchers at Wichita State University and the embry riddle aeronautical university conduct this annual study. A Asian Airlines topped last year's ratings followed by Hawaiian, Southwest Delta and Alaska. So those listings change this year, we'll find out tomorrow and we'll bring you those details on closing bell ahead of the busy summer travel season.