You are here: Home » Reuters » News
Business Standard

Wall Street climbs as earnings gather pace; AmEx boosts Dow

Reuters 

By Tanya AgrawalREUTERS - U.S. stocks were higher in early afternoon trading on Thursday, with gains in American Express keeping the Dow Jones Industrial Average largely on track to snap a two-day losing streak.The credit card company was up 5.5 percent after reporting a smaller-than-expected drop in quarterly profit on Wednesday.Apple rose 1.5 percent after Morgan Stanley and Stifel raised their price targets on the stock, helping lift both the S&P 500 and the Nasdaq. "As we see a steady stream of earnings, on balance the season has been better and that's helping the market today," said Art ...

This article is no longer available in our repository.

There could be multiple reasons for this.

RECOMMENDED FOR YOU