AMEX Doubles Annual Earnings | Adviser Investments Stock Market Analysis

American Express Doubles Annual Profit

Adviser Investments’ Chief Investment Officer Jim Lowell has the market analysis for Thursday, January 17. Major U.S. stock indexes rose once again today, with the Dow Jones Industrial Average and NASDAQ each gaining 0.7% and the S&P 500 up 0.8%. Meanwhile, American Express reported that the company narrowly missed revenue expectations but beat fourth-quarter profit forecasts after more than doubling its $2.75 billion profit in 2017.

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