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Stock Market Today

Sunday, July 21 2019

Daily Updates

Stock Market Today: July 19, 2019

Harvey S. Katz, CFA and Mario Ferro | 07/19/2019

The last day of the week began on the upside, but stocks largely trended downward throughout the session. To varying degrees, the market’s slide could be attributed to mixed corporate earnings reports, escalating tension in the Middle East, unsettled trade talks between the U.S. and China, and uncertainty about the Federal Reserve’s next move. Regarding the latter, media reports surfaced suggesting the lead bank will only cut interest rates by a quarter point at its next meeting in July, whereas expectations had been rising for a half point cut.

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Stocks Highlights

Dow 30 Earnings: Microsoft Fourth Quarter Fiscal 2019

Charles Clark | 07/19/2019

Microsoft’s June-period financial results exceeded expectations and reflected the company’s ongoing success in the cloud arena. Investors greeted the report warmly.

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Stocks Highlights

Dow 30 Earnings: American Express Second Quarter 2019

Ian Gendler | 07/19/2019

American Express (AXP), a Dow-30 component and one of the world's largest issuers of credit/charge cards, reported June-period financial results that were in line with our estimates. The stock price was down modestly following the earnings release.

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