V - American Express Mastercard Fiserv shares climb on vaccine news

Consumer finance, credit-card names climb in premarket trading following the encouraging news on a potential COVID-19 vaccine.American Express (AXP) surges 19%, Capital One Financial (COF) gains 11%,  Discover Financial (DFS) jumps 10%, and Synchrony Financial moves up 10%.Credit-card network giants Mastercard (MA), up 8.9%, and Visa (V), up 7.7%, also march upward.Auto lender Ally Financial (ALLY) rises 8.6%, Santander Consumer USA Holdings (SC) adds 7.1%, Credit Acceptance (CACC) is up 6.5%, and OneMain Holdings climbs 6.3%.Payments processor Fiserv (FISV) gains 5.7% and Global  Payments (GPN) jumps 8.3%, and FIS (FIS) +5.2%.If American Express holds onto to those gains through today's regular session, a big "if" indeed, it would be the stock's biggest gain since March 24, when it ran up 22%.Dipping on the news is PayPal (PYPL), down -3.8%, which is more tied to online purchases, and Square (SQ), - 3.7%.

For further details see:

American Express, Mastercard, Fiserv shares climb on vaccine news