Here's Why American Express is Rising Wednesday
The financial sector is one of the best performing parts of the stock market in Wednesday's rally, and American Express Company (NYSE: AXP) is doing even better than most. As of 2:45 p.m. EST, the credit card and financial service company's stock was higher by 6% for the day.
Image source: Getty Images.
The driving force behind today's gains doesn't seem to have much to do with American Express' business, or with the business of any other bank or financial service company. Instead, the results of the Super Tuesday democratic presidential primaries seem to be moving the stock higher.
Source Fool.com
