American Express (AXP)
$99.07 0.00 (0.00%)
5:22 EDT AXP Stock Quote Delayed 30 Minutes
Previous Close $99.07
Market Cap 85.24B
PE Ratio 28.47
Volume (Avg. Vol.) 76
Day's Range 99.07 - 99.07
52-Week Range 67.00 - 138.13
Dividend & Yield 1.44 (1.45%)
AXP Stock Predictions, Articles, and American Express News
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Over the course of the novel coronavirus pandemic, investors are getting accustomed to Thursday misery in the form of the weekly jobless claims data, but markets don't always respond in kind. There have been days when stocks were drubbed on the claims data and others when equities rallied on bleak numbers. Today was somewhere in the middle as the losses weren't terrible.
While rejuvenating consumer confidence and consumption could take awhile in the wake of the novel coroanvirus, markets are betting that rebound will happen as highlighted by 25 of 30 Dow stocks trading higher in late trading.
Electronic payments stocks have benefited from the global lockdown and as it eases, growth in transactions volumes will accelerate.
In another instance of the market fighting off weak economic data, stocks rallied Thursday despite another spike in weekly jobless numbers.
Stocks swooned Wednesday after Federal Reserve Chairman Jerome Powell said the novel coronavirus is creating lingering uncertainty for the U.S. economy while scoffing at the notion that negative interest rates could help the world's largest economy regain its footing.
Bank stocks find themselves in one of the weakest market sectors. That said, here are three of the ugliest to avoid, or short.
Tech is about the only game going for the market these days, but that's enough for investors to overlook some ugly jobs news again.
With oil trading higher for a fifth consecutive day and more states embracing the idea of at least reopening some parts of their economies, the major equity averages traded higher on Tuesday, building on the late Monday rally.
An inauspicious start to the month of May for investors, as the Dow Jones sagged under middling earnings reports by two tech giants.
Saddled by another round of bleak economic data delivered on a Thursday and tepid earnings reports, stocks faltered in the final trading day of April, though the major equity benchmarks posted strong monthly performances.
The remdesivir news took precedent over headlines about first-quarter GDP, which contracted 4.8%, or the worst shrinkage experienced by the world's largest economy since the dark days of the global financial crisis.
The major equity averages didn't do much of anything Tuesday even as several big names reported earnings before the opening bell. Fortunately, there was some decent commentary from those companies, albeit cautious, indicating that the U.S. economy could start rebounding in the second half of the year.
Investors have seven stocks to watch as a gradual re-opening of the economy resets sales expectations higher.
By David Moadel
Monday's big stock charts feature names that issued highly anticipated earnings reports.
Broadly speaking, Friday was somewhat uneventful, a scenario volatility weary investors will take. It was another one of those days where the novel coronavirus and earnings mostly dominated the headlines. A mostly docile day got the Dow to 19 winners against 11 losers in late trading.
American Express (AXP) earnings for the financial services company's first quarter of 2020 are out on Friday and results are mixed.
All of the job gains since the end of the Great Recession are now gone. Somehow, stocks didn't crater on that news.
A new quarter begins, but it's the same old song for riskier assets as stocks tumbled, prompting concerns Q2 will be another rough patch.
Stocks retreated Tuesday, but losses, by the standard of a wild first quarter, were tolerable. With the first quarter of 2020 now in the books, it's clear that this was the worst quarterly performance for the S&P 500 since the global financial crisis. And that's despite a 17% rally by the benchmark equity gauge over the prior seven days.
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