Amex’s stock has been a Dow standout this year. Why BofA now urges caution.

Read Time:4 Second

A BofA analyst downgraded Amex shares, saying spending trends are “less than robust.”

About Post Author

Happy

0 %

Sad

0 %

Excited

0 %

Sleepy

0 %

Angry

0 %

Surprise

0 %

The engineering and tech-services firm Amentum will replace home-goods and fragrance chain Bath & Body Works on the S&P 500...

One closely-watched stock-market indicator is flashing a bright-red buy signal as more companies’ shares join the rally.

Concerns that inflation might not be so easily defeated are starting to creep back into financial markets

Chinese stocks and the exchange-traded funds that track them surged Tuesday after Beijing announced the biggest stimulus package since the...

Prosecutors say Ellison proved essential in unraveling the theft of $8 billion in customer deposits and sending Sam Bankman-Fried to...

That message of optimism was not resonating with investors late Tuesday.