Disney extends CEO Chapek's contract three years

U.S. stocks opened with gains Wednesday, attempting to bounce after back-to-back losses as investors weighed corporate earnings and the Federal Reserve’s plans for hiking interest rates in its bid to rein in inflation. The Dow Jones Industrial Average
DJIA,
+0.54%

rose 160 points, or 0.5%, while the S&P 500 was up 0.5% and the Nasdaq Composite gained 0.8%.

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