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Stock Market Today

Sunday, January 20 2019

Daily Updates

Stock Market Today: January 18, 2019

Harvey S. Katz, CFA and Adam Rosner | 01/18/2019

The stock market moved sharply higher this morning and held most of its gains through the session. Today’s advance was likely fueled by hopes that trade relations between the U.S. and China are gradually improving. At the end of trading, the Dow Jones Industrial Average was ahead 336 points; the S&P 500 Index was up 35 points; and the NASDAQ was higher by 73 points. Market breadth was quite favorable, with advancers easily ahead of decliners on the NYSE.

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Stocks Highlights

Dow 30 Earnings: American Express Fourth Quarter 2018

Ian Gendler | 01/18/2019

American Express, (AXP) a Dow-30 component and one of the world's largest issuers of credit/charge cards, has reported December-period financial results. For the quarter, the company achieved adjusted share earnings of $1.74, which excluded $0.58 of tax-related benefits. Although this figure was 9% higher than the year-earlier figure, it came in below the consensus Wall Street analyst estimate, as well as our call of $1.82.

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Stocks Highlights

Dow 30 Earnings: Goldman Sachs Fourth Quarter 2018

Adam James Platt | 01/16/2019

Goldman Sachs reported mixed financial results for the fourth quarter of 2018. The company's revenue and share net figures came in slightly below our expectations, but both marked improvements over the previous-year period, which sent the shares higher.

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