U.S. stocks posted strong weekly gains as slowing inflation data encouraged investors to bet on a pause in the Fed's rate hike strategy later this year.

Stock futures higher as Fed 'pause' hint boosts sentiment; Costco slips after Q1 earnings beat as margins narrow; Gap tumbles after wider Q1 loss, grim full-year outlook; Dell surges as Q1 earning impress after VMware deal and Marvell jumps as data center chip demand boosts earnings, outlook

The PHLX Semiconductor Sector index has slid 25% so far this year. What can reverse the trend?

Jim Cramer says this market deserves to be hated. Get used to the pain.

"Bob is the right leader at the right time for The Walt Disney Company, and the board has full confidence in him and his leadership team,' said Disney chair Sue Arnold.

"After thorough consideration, the Board determined that it was time for a change in leadership," said independent director Harriet Edelman.

"I've learned firsthand that it is indeed fun to do the impossible," said co-founder Ben Silbermann. "And with Bill as our CEO, I know that the fun is just getting started."