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Stock Market Today

Tuesday, January 23 2018

Daily Updates

Stock Market Today: January 22, 2018

William G. Ferguson and Adam Rosner | 01/22/2018

The stock market got off to a tentative start this morning, but managed to firm up as the session progressed. Of note, news that the government would resume its activities likely aided sentiment and encouraged the bulls. At the close of trading, the Dow Jones Industrial Average was ahead roughly 143 points; the broader S&P 500 Index was up 23 points; and the NASDAQ was higher by 72 points.

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Stocks Highlights

Dow 30 Earnings: International Business Machines Fourth Quarter 2017

Theresa Brophy | 01/19/2018

Shares of International Business Machines (IBM) head sharply lower after the company reports its fourth-quarter and full-year results.

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Stocks Highlights

Dow 30 Earnings: American Express Fourth Quarter 2017

Ian Gendler | 01/19/2018

American Express, (AXP) a Dow-30 component and one of the world's largest issuers of credit cards, has reported December-period and full-year financial results. For the quarter, due to a tax charge, the company incurred a share loss of $1.41. However, we view the tax item as non-recurring in nature and, absent that charge, share net came in at $1.58. That figure was $0.09 higher than our estimate, and compares favorably to the year-ago tally of just $0.88 a share. For the full year, Amex achieved share earnings of $5.89, or 4% better than 2016's profits. Following the earnings report, shares of American Express were down slightly in after-market trading.

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