U.S. stocks mixed at close of trade; Dow Jones Industrial Average up 0.04%

U.S. stocks showed mixed results with gains in some sectors and losses in others, influenced by notable performers, market breadth, and commodities trading.

CFPB takes measures against illegal credit card practices, takes action against American Express and Bank of America

The CFPB is taking measures to protect consumers from illegal credit card practices, introduce a comparison tool, and ensure transparency in credit card interest rates and rewards.

U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.35%

U.S. stocks fell Tuesday, driven by losses in major sectors. Dow, S&P 500, and NASDAQ indexes declined, with notable shifts in individual stock performances.

U.S. stocks mixed at close of trade; Dow Jones Industrial Average down 0.28%

U.S. stocks closed mixed with gains in tech and consumer sectors against losses in oil and utilities. Amazon and IBM hit highs, while several stocks reached all-time lows.

U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.97%

UBS sells its 50% stake in Swisscard to American Express

UBS is selling its 50% stake in Swisscard to American Express, transitioning Credit Suisse customers to UBS's platform with no immediate impact.

U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.09%

U.S. stocks rose on Friday, led by gains in major sectors, with Netflix and TuHURA Biosciences achieving significant increases. Commodities and currency values showed mixed trends.

Earnings call: American Express reports strong Q3, raises full-year guidance

American Express reported Q3 2024 earnings of $3.49 EPS and $16.6 billion revenue, marking an 8% YoY increase. Full-year EPS guidance raised to $13.75-$14.05.

AmEx profit beats as expense discipline offsets spending slowdown

American Express reported strong Q3 profits due to expense management and affluent customer base, despite revenue shortfalls; shares fell nearly 5% despite raised 2024 profit forecast.

Dow and S&P end at fresh record highs, lifted by Netflix earnings and tech stocks

Wall Street indexes achieved record highs driven by Netflix's earnings, supported by strong tech stocks, while concerns of overvaluation and election volatility loom.