Midday Report: U.S. Stocks Rebound; Leaders Assemble for Trump Inauguration - TheStreet

Midday Report: U.S. Stocks Rebound; Leaders Assemble for Trump Inauguration

U.S. stocks rebounded from a shaky week as Washington leaders assembled at the Capitol for Donald Trump's inauguration on Friday.
Author:
Publish date:

U.S. stocks rebounded from a shaky week as Washington leaders assembled at the Capitol for Donald Trump's inauguration on Friday. Markets have wavered in recent days on uncertainty over the changes a Trump administration could bring.

Procter & Gamble (PG) - Get Report rose following better-than-expected quarterly profit and a smaller decline in sales. However, the company did warn that currency exchange woes could cut its full-year sales growth by two to three percentage points.

American Express (AXP) - Get Report reported a mixed fourth quarter, and fell short on earnings but beat revenue estimates. Net revenue, excluding currency exchange, rose 6% as cardmember spending increased. 

Domino's Pizza (DPZ) - Get Report was upgraded to overweight from sector weight at KeyBanc. Analysts expressed optimism over growth at the pizza chain, thanks to investments in digital ordering.