Disney extends CEO Chapek's contract three years

Stocks opened higher Friday, putting major indexes on track to end a string of three consecutive weekly losses as investors look ahead to next week’s August inflation reading. The Dow Jones Industrial Average
DJIA,
+1.19%

rose 195 points, or 0.6%, while the S&P 500
SPX,
+1.53%

was up 0.7% and the Nasdaq Composite
COMP,
+2.11%

advanced 1%. The Dow was on track for a 2.1% weekly rise, while the S&P 500 was up 2.9% and the Nasdaq was up 3.1% for the week.

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