Disney extends CEO Chapek's contract three years

U.S. stocks opened lower on Monday one session after the Nasdaq Composite cemented its longest win streak since November as another spate of COVID restrictions in China added to concerns about a global economic slowdown. The S&P 500
spx
fell 26 points, or 0.7%, to 3874 at the open, while the Dow Jones Industrial Average
djia
fell 115 points, or 0.4%, to 31232. The Nasdaq Composite
comp
shed 97 points, or 0.9%, to 11538.

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