Disney extends CEO Chapek's contract three years

U.S. stocks finished lower on Wednesday, with the major indexes logging their first loss in three days, as Treasury yields and the dollar continued to climb, outweighing more strong earnings reports from American firms. The S&P 500
SPX,
-0.67%

finished down 24.82 points, or 0.7%, at 3,695.16. The Dow Jones Industrial Average
DJIA,
-0.33%

closed off 99.99 points, or 0.3%, at 30,423.81. The Nasdaq Composite
COMP,
-0.85%

shed 91.89 points, or 0.9%, at 10,680.51. The ICE U.S. Dollar Index, a gauge of the dollar’s strength against a basket of rivals, was up 0.7% at 112.96. Treasury yields continued to advance past 4% across the curve.

By admin

Leave a Reply

Your email address will not be published. Required fields are marked *