walt disney co dis shares are trading lower by 211 to 9605 and off the session high of 9964 going into the close of mondays trading session disney shares are trading lower amid continued overall weakness amid concerns of further fed rate hikes and a rise in the us dollar against other global currencies shares of several companies in the broader communications media and entertainment industry are also trading lower in recent sessions amid raised fears of an economic slowdown as investors continue to assess wednesdays fed commentary and 75 bps rate hike an economic slowdown could negatively impact discretionary spending disney shares are trading lower by 1056 to 9618 over the trailing five sessions the federal reserve raised its target fed funds rate by 075 last wednesday to a new range of between 3 and 325 its third 075 rate hike in four months the fed said it will continue with its previously announced plan to let treasury securities and agency debt and agency mortgagebacked securities roll off its balance sheet on a monthly basis “inflation remains elevated reflecting supply and demand imbalances related to the pandemic higher food and energy prices and broader price pressures” the fed said in a statementread more see also what in the world is going on with ford shares according to data from benzinga pro disney has a 52week high of 17963 and a 52week low of 9023