American Express (AXP)
$95.56 2.92 (2.97%)
19:06 EDT AXP Stock Quote Delayed 30 Minutes
Previous Close $95.56
Market Cap 82.22B
PE Ratio 27.46
Volume (Avg. Vol.) 9.43M
Day's Range 95.09 - 97.10
52-Week Range 67.00 - 138.13
Dividend & Yield 1.44 (1.51%)
AXP Stock Predictions, Articles, and American Express News
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Investors have seven stocks to watch as a gradual re-opening of the economy resets sales expectations higher.
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.
It wasn't a precise replay of Tuesday, but the Dow notched a decent Wednesday gain with large contributions from Boeing and Nike.
Comments from President Trump that he would like to see the U.S. economy reopened by Easter, which is April 12, contributed to the ebullience on Wall Street, though that forecast for business as usual may prove to be optimistic.
Even with the pandemic impacting shopper sentiment and American Express, AXP stock could see some relief if non-store sales increase.
Equities continued trending lower even after the White House it will step up with $50 billion in loans to the imperiled airline industry and that a $60 billion (at least) is being considered for Boeing. President Trump, now fighting for his electoral life, called the ailing airline industry the number one priority for federal aid stemming from the coronavirus pandemic.
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American Express (AXP) earnings for the payment card company's fourth quarter of 2019 have AXP stock heading higher on Friday.
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