Dow Gains Over 100 Points; American Express Increases 2025 Forecast

Market Overview - U.S. stocks showed mixed performance with the Dow Jones index gaining over 100 points, up 0.25% to 46,067.55, while NASDAQ fell 0.36% to 22,480.34 and S&P 500 dropped 0.15% to 6,619.14 [1] - Energy shares increased by 1% on Friday, while information technology stocks decreased by 0.5% on Thursday [1] American Express Performance - American Express Co reported better-than-expected Q3 2025 results with quarterly revenue growth of 11% year-over-year to $18.43 billion, surpassing the analyst consensus estimate of $18.05 billion [2] - Adjusted EPS for American Express was $4.14, exceeding projections of $4.00 [2] Revenue and EPS Guidance - American Express raised its full-year 2025 revenue outlook to $71.88 billion-$72.54 billion, indicating a 9%-10% year-over-year increase, compared to the previous guidance of $71.22 billion-$72.54 billion and analyst consensus of $71.60 billion [3] - The company also increased its EPS guidance to $15.20-$15.50 from a prior range of $15.00–$15.50, compared to the analyst consensus of $15.33 [3] Commodity Market - Oil prices increased by 0.1% to $57.46, while gold prices decreased by 0.3% to $4,290.10 [6] - Silver fell by 3.6% to $51.380 and copper dropped by 0.5% to $4.9720 [6] European Market Performance - European shares were mostly lower, with the eurozone's STOXX 600 declining by 0.9% [7] - Notable movements included Spain's IBEX 35 Index rising by 0.1%, while London's FTSE 100 fell by 0.8%, Germany's DAX 40 decreased by 1.6%, and France's CAC 40 slipped [7] Notable Stock Movements - Rani Therapeutics Holdings Inc shares surged by 189% to $1.36 following a collaboration agreement with Chugai Pharmaceutical [7] - Artiva Biotherapeutics Inc shares increased by 95% to $5.40 after receiving FDA Fast Track Designation [7] - VirnetX Holding Corp shares rose by 50% to $25.27 [7] - UTime Ltd shares dropped by 33% to $0.090 after announcing a $25 million registered direct offering [7] - INVO Fertility Inc shares fell by 35% to $0.92 after a significant rise the previous day [7] Asian Market Performance - Asian markets closed mostly lower, with Japan's Nikkei 225 down 1.44%, Hong Kong's Hang Seng index down 2.48%, and China's Shanghai Composite down 1.95% [9] - India's BSE Sensex was the exception, rising by 0.58% [9]