TKLF - Crude Oil Down 1%; American Express Shares Rise After Q4 Results | Benzinga
U.S. stocks traded higher midway through trading, with the Dow Jones index gaining over 100 points on Friday.
The Dow traded up 0.32% to 38,170.95 while the NASDAQ rose 0.10% to 15,525.24. The S&P 500 also rose, gaining, 0.19% to 4,903.28.
Check This Out: Snap To Rally Around 17%? Here Are 10 Top Analyst Forecasts For Friday
Leading and Lagging Sectors
Health care shares rose by 0.5% on Friday.
In trading on Friday, information technology shares fell by 0.8%.
Top Headline
Shares of American Express Company (NYSE: AXP) gained more than 7% on Friday after the company reported fourth-quarter financial results, issued FY24 guidance and said it plans to increase its dividend.
American Express fiscal fourth-quarter revenue 2023 (net of interest expense) grew 11% year-on-year to $15.8 billion, missing the consensus of $16.0 billion. EPS of $2.62 missed the consensus of $2.64.
Equities Trading UP
AppFolio, Inc. (NASDAQ: APPF) shares shot up 28% to $222.67 after the company reported better-than-expected fourth-quarter financial results and issued guidance.
Shares of Corbus Pharmaceuticals Holdings, Inc. (NASDAQ: CRBP) got a boost, surging 221% to $27.11 after the company announced data from the first-in-human clinical study of CRB-701 is ...