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Stock impact report

Stocks open higher amid rising oil prices, better-than-expected corporate earnings [MarketWatch]

American Express Company (AXP) 
Last american express company earnings: 4/24 07:00 am Check Earnings Report
US:NYSE Investor Relations: ir.americanexpress.com
Company Research Source: MarketWatch
U.S. stocks rose at the start of trade Friday as investors took comfort in rising oil prices, which were set to advance for the third straight day after a record slide earlier in the week that took a key oil-futures contract into negative territory, and as Dow component American Express Co. [S: AXP] reported first-quarter earnings that beat expectations. The Dow Jones Industrial Average rose 138 points, or 0.6% to 23,649, the S&P 500 index gained 13 points, or 0.5% to trade at 2,810 and the Nasdaq Composite index advanced 15 points, or 0.2% to about 8,509. Markets were also taking comfort in news that Congress passed another stimulus package, totaling $484 billion that will replenish a small-business lending program, provide aid to hospitals and fund coronavirus testing efforts. American Express shares rose 2% early Friday after the credit-card and travel-services company reported quarterly profit that beat expectations. Fellow blue-chip, Intel Corp. was weighing on the Dow's advance Show less Read more
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