Advertisement
Australia markets closed
  • ALL ORDS

    7,837.40
    -100.10 (-1.26%)
     
  • ASX 200

    7,575.90
    -107.10 (-1.39%)
     
  • AUD/USD

    0.6535
    +0.0012 (+0.18%)
     
  • OIL

    83.70
    +0.13 (+0.16%)
     
  • GOLD

    2,348.60
    +6.10 (+0.26%)
     
  • Bitcoin AUD

    97,786.38
    -1,221.34 (-1.23%)
     
  • CMC Crypto 200

    1,332.34
    -64.19 (-4.60%)
     
  • AUD/EUR

    0.6106
    +0.0033 (+0.54%)
     
  • AUD/NZD

    1.0993
    +0.0036 (+0.32%)
     
  • NZX 50

    11,805.09
    -141.34 (-1.18%)
     
  • NASDAQ

    17,753.99
    +323.48 (+1.86%)
     
  • FTSE

    8,139.83
    +60.97 (+0.75%)
     
  • Dow Jones

    38,290.26
    +204.46 (+0.54%)
     
  • DAX

    18,161.01
    +243.73 (+1.36%)
     
  • Hang Seng

    17,651.15
    +366.61 (+2.12%)
     
  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     

Why American Express Stock Surged Today

Why American Express Stock Surged Today

American Express (NYSE: AXP) saw its share price rise today, as it was up 3.7% as of 12:20 p.m. ET on Friday. The primary catalyst on Friday for the credit card provider was favorable comments from a major stock market analyst. Morgan Stanley's Betsy Graseck reiterated her $188 per-share price target for the investment banking firm in a research note on Friday and maintained an overweight rating.