Dow Tumbles Over 500 Points; American Express Shares Fall After Q3 Results
U.S. stocks fell Friday, led by a 500-point Dow drop. Industrials slid while real estate rose; AmEx fell despite an earnings beat. Oil gained 2%.
The whole stock market went down Friday, and American Express shares dropped even though they made good money. When a company beats its targets but the stock still falls, it means people worry about something else, like future growth.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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