Why Scholastic, American Express, And Philip Morris Slumped Today

Major benchmarks declined on Thursday as President Trump criticized the Federal Reserve for its continued interest rate increases, seemingly shunning the White House's traditionally hands-off approach with the U.S. central bank and shifting attention away from a mostly positive start to corporate earnings season.But several individual stocks pulled back harder than most, including Scholastic (NASDAQ: SCHL), American Express (NYSE: AXP), and Philip Morris (NYSE: PM).

BING NEWS:
  • In 4 Days, Philip Morris Stock Becomes an Even Better Investment
    And yet, tobacco giant Philip Morris International (NYSE: PM) is still a compelling investment prospect that's about to get even better. On Wednesday, May 1, the company will be able to launch a ...
    04/27/2024 - 9:00 am | View Link
  • Philip Morris Boosted by Demand for Smoke-Free Products
    Philip Morris International Inc. raised its full-year outlook after strong sales of its heated tobacco and nicotine pouch products.
    04/23/2024 - 2:48 am | View Link
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