Here's Why Discover, Capital One, and American Express Are Soaring Again on Thursday
The stock market is rallying for a third consecutive day after the massive $2 trillion stimulus package was agreed upon by key leaders. As of 11:30 a.m. EDT, the Dow Jones Industrial Average and S&P 500 index were up by 5.1% and 4.6%, respectively.
Some financial service companies were having an especially strong day, particularly those in the credit card industry. Discover Financial Services (NYSE: DFS), Capital One (NYSE: COF), and American Express (NYSE: AXP) are among the strongest performers, up 14%, 14%, and 9% for the day.
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Source Fool.com
