Disney extends CEO Chapek's contract three years

Stocks ended mostly lower Thursday as tech shares suffered a further selloff after disappointing results from Meta Platforms Inc.
META,
-24.56%
,
though the Dow Jones Industrial Average notched its fifth straight winning session after upbeat results from several components and a better-than-expected reading on second-quarter gross domestic product. The Dow
DJIA,
+0.61%

rose around 197 points, or 0.6%, to close near 32,037, according to preliminary figures, while the S&P 500
SPX,
-0.61%

fell 0.6% and the Nasdaq Composite
COMP,
-1.63%

shed 1.6%.

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