Wall Street is looking to regain its momentum after two lackluster sessions. Investors are encouraged to join the CNBC Investing Club for the November Monthly Meeting, where discussions will focus on the potential implications of Donald Trump's return to the White House for the stock market.

In economic news, wholesale inflation for October met expectations, with the producer price index rising by 0.2% month-over-month, as predicted by economists at Dow Jones. Additionally, initial jobless claims for the week ending November 9 decreased by 4,000, totaling 217,000.

Disney shares have seen a significant surge following the company's quarterly results, which exceeded expectations. This was driven by strong performance in its streaming and movie segments. The company also provided a positive multiyear earnings outlook, which is a highly unusual but favorable development for investors.