Live Updates Live Coverage Updates appear automatically as they are published. AmEx Downgraded 9:34 am Not all today’s banking news is good. S&P 500 component company American Express (NYSE: AXP) got hit today with a downgraded to neutral from Monness,

Key stock indexes ended the day sharply mixed Tuesday amid a trade deal with Indonesia. The Dow Jones Industrial Average's tumble contrasted with substantial Nasdaq gains on the stock market today. Meanwhile,

Nvidia's gain helped keep the Nasdaq Composite above water today, with the tech-heavy index climbing 0.2% to 20,677 – a new all-time closing high. However, the Dow Jones Industrial Average shed 1% to 44,023 and the S&P 500 fell 0.4% to 6,243 due in part to weakness in financial stocks.

Analysts expect profits from companies in the S&P 500 to climb 4.8% in the second quarter, according to FactSet. That would mark the lowest year-over-year growth since 2023, and a steep drop from the 13% jump during the first three months of this year.

Equities kicked off Monday strong after a fresh round of tariff threats over the weekend. The S&P 500 gained 0.17%, closing within 0.2% several points of its all-time high, set on