U.S. stocks came off highs, but stayed in the green on Tuesday, in relief following the first presidential debate. Media pundits and Twitter largely gave Democratic presidential candidate the win after a contentious 90 minutes. Consumer confidence reached its highest level in nine years in September, its best since the Great Recession. Both the outlook on the labor market and consumer spending improved. Deutsche Bank (DB) had a choppy morning following reports the U.S. Justice Department said penalties could be lowered by cooperating with authorities. The bank has reeled from a possible $14 billion tied to mortgage-backed securities. American Express (AXP) climbed after hiking its dividend and committing to a new repurchase program worth 150 million shares. AmEx was one of the top performers on the Dow.
More from Video
Salesforce, Amgen and Honeywell will give a lift to the DJIA going forward.
CAG has hung onto the bulk of its recent gains, and could rise to the $50 area, according to the charts and indicators.
Breaking down an approach to the long side of this biotech stock.
AMSC CEO discusses that and China challenges.