American Express Pops While Intel Dropshttp://www.fool.com/investing/general/2014/01/17/american-express-pops-while-intel-drops.aspx Matt Thalman
January 17, 2014
Although we don't believe in timing the market or panicking over daily movements, we do like to keep an eye on market changes -- just in case they're material to our investing thesis.
Major indexes are mixed following the release of preliminary University of Michigan Consumer Sentiment Index figures today that suggest U.S. consumers were not feeling great about the economy this month. The index fell short of the expected 83.5 reading, instead hitting only 80.4. As of 1 p.m. EST, the Dow Jones Industrial Average (INDEX: ^DJI) is up 60 points, or 0.37%, but the S&P 500 and the Nasdaq are down 0.08% and 0.18% respectively.
One reason the Dow is moving higher today is because of American Express (NYSE: