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Shares of American Express Co. AXP advanced 2.53% to $155.43 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX rising 1.56% to 4,155.17 and the Dow Jones Industrial Average DJIA rising 1.29% to 32,812.50. The stock's rise snapped a two-day losing streak. American Express Co. closed $44.12 below its 52-week high ($199.55), which the company reached on February 16th.
The stock outperformed some of its competitors Wednesday, as Visa Inc. Cl A V rose 1.08% to $208.48, Mastercard Inc. MA rose 1.47% to $354.13, and JPMorgan Chase & Co. JPM rose 1.05% to $113.61. Trading volume (2.6 M) remained 1.0 million below its 50-day average volume of 3.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 3, 2022.
(END) Dow Jones Newswires
August 03, 2022 16:39 ET (20:39 GMT)
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