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-0.00158793171893611 -0.000198491464866943 -0.001190948789202 -0.00158793171893611 0.00833664152441443 -0.00833664152441443 -0.000119094878920211 -0.00142913854704242
Stock impact report

American Express CEO: April's stock market volatility hasn't sent customers into their bunkers [Yahoo! Finance Canada]

American Express Company (AXP) 
Last american express company earnings: 4/24 07:00 am Check Earnings Report
US:NYSE Investor Relations: ir.americanexpress.com
If April's stock market volatility has American Express ( AXP ) customers down in the dumps, they aren't showing it in how they spend. "Through the first 10 to 12 days, it's [spending] as strong as it was last quarter, maybe slightly, slightly stronger, and credit still continues to look really good," American Express CEO Stephen Squeri told me by phone on Thursday. Amex reported much better than expected first quarter earnings and maintained its full year guidance. The report comes as the likes of JP Morgan ( JPM ) CEO Jamie Dimon warned about a Trump tariff driven US recession , while other companies have yanked their guidance due to uncertainty. Stocks have whipsawed this month amidst the tariff volatility, calling into question if households with market exposure would continue to spend at a healthy clip. Those on the lower end without much market exposure could opt to pull back as they are hit with higher prices soon. Squeri said it just didn't make sense to yank his gu Show less Read more
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