Disney extends CEO Chapek's contract three years

Stocks opened higher Thursday, with the S&P 500 attempting to stretch its winning streak to four days as investors weighed fears of an economic slowdown versus expectations for the Federal Reserve to deliver aggressive rate hikes in an effort to rein in inflation. The Dow Jones Industrial Average
DJIA,
+0.79%

was up 201 points, or 0.6%, while the S&P 500
SPX,
+0.96%

rose 0.7% and the Nasdaq Composite
COMP,
+1.09%

gained 0.8%.

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