AllMarket Update
logoArgusJanuary 26, 2021

Market Update: AXP, ITGR

Sector(s)
Financial Services, Healthcare
Summary

Stocks were largely flat on Tuesday morning as investors weighed earnings reports from a range of major companies. Johnson & Johnson shares rose 3% after the company posted better-than-expected 4Q earnings and said that it would provide an update on its COVID-19 vaccine candidate 'soon.' GE shares rose 5%, despite slightly lower-than-expected 4Q EPS, as the company posted strong industrial free cash flow and issued positive guidance for 2021. The Dow rose 0.1%, the S&P was flat, and the Nasdaq rose 0.1%. Crude oil traded near $53 per barrel, while gold fell $2 to $1853 per ounce.

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