After China's reopening and a series of positive data surprises in recent weeks, economists are revising their previously pessimistic outlooks for the global economy.
Disney's shares rose 4.1% after the company announced that Mark Parker, the executive chairman of Nike, would be its new chairman.
In tough times, American investors often turn to everyday consumer goods as a way to stabilize their portfolios.
According to a source close to the situation, Elon Musk is searching for a new CEO for Twitter Inc.