Disney extends CEO Chapek's contract three years

U.S. stocks opened lower on Monday as the S&P 500 and Dow Jones Industrial Average headed for their fifth day of losses as rising Treasury yields and rampant dollar strength continued to weigh on the market. The S&P 500 [s:spx] was off 8 points, or 0.2%, at 3,685. The Nasdaq Composite
COMP,
+1.38%

was flat at 10,867. The Dow
DOW,
+0.82%

was off 75 points, or 0.3%, at 29,514.

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