Disney extends CEO Chapek's contract three years

U.S. stocks opened lower Monday as Treasury yields rose, with all three major equities indexes down after scoring gains last week. The Dow Jones Industrial Average
DJIA,
+0.08%

was down 0.3% soon after the opening bell, while the S&P 500
SPX,
-0.07%

slipped 0.5% and the Nasdaq Composite
COMP,
-0.52%

fell 0.8%, according to FactSet data, at last check. Meanwhile, the yield on the 10-year Treasury note was up around four basis points at 3.86% Monday morning. Federal Reserve Vice Chair Lael Brainard is scheduled to speak on the economic outlook at 11:30 a.m. Eastern time.

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