Stock Market Today: Dow Brings Win Streak to 10 Ahead of Big Tech Earnings

While the Dow extended its longest win streak in years, tech stocks lagged ahead of Monday's major Nasdaq-100 rebalancing.

stock market chart with teal bars and red moving averages
(Image credit: Getty Images)

Stocks opened comfortably higher Friday, but lost steam as the session wore on. Amid an empty economic calendar, attention was focused on the latest batch of earnings reports and a continued win streak for the Dow Jones Industrial Average

American Express (AXP) was one of the most notable earnings movers today, with the Dow stock slumping 3.9% after its Q2 results. Drilling down on the numbers, the credit card company reported higher-than-expected earnings of $2.89 per share, though revenue of $15.1 billion fell short of estimates. 

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Karee Venema
Senior Investing Editor,

With over a decade of experience writing about the stock market, Karee Venema is the senior investing editor at She joined the publication in April 2021 after 10 years of working as an investing writer and columnist at Schaeffer's Investment Research. In her previous role, Karee focused primarily on options trading, as well as technical, fundamental and sentiment analysis.