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Actionable news in DIS: THE WALT DISNEY COMPANY,

A Dow stock that’s a ‘bellwether for so much of the US economy’ is set to report earnings

Disney is set to report its quarterly earnings Tuesday after the closing bell, and one portfolio manager said it could have far-reaching implications for the market given the media giant's many different properties both in the U.S. and abroad.

"This is kind of a bellwether for so much of the U.S. economy," said Eddy Elfenbein, portfolio manager at AdvisorShares, referring to Disney's vast array of assets, which include broadcast, cable, movies and theme parks. "But what I'm going to be looking for is in...