American Express has competitive advantages that are built to last, making it an ideal dividend stock to buy and hold.

US stocks fell on Thursday for the third session in a row as Wall Street weighed an unexpected drop in jobless claims and a sharp upgrade in GDP growth, developments that complicate the outlook for rate cuts amid uncertainty about Federal Reserve policy.

U.S. stocks finished lower on Thursday, with all three major indexes booking a three-day losing streak after economic data suggested that labor-market conditions were improving — reshaping market expectations around the Federal Reserve’s future policy path.

The Dow Jones index rises 375 points Friday after Fed inflation data. Small caps climb after a three-day decline.

Wall Street stumbled to its longest losing streak in more than a month as U.S. stocks gave back more of this year's big gains.

The Dow Jones Industrial Average (DJINDICES: ^DJI) hasn't been the stock market's go-to index for a long, long time. It's since been replaced by the broader S&P 500 (SNPINDEX: ^GSPC), and for tech-minded growth investors,

Qualcomm (QCOM) slipped 1% following the launch of new chips for PCs and phones on Wednesday. CarMax (KMX) dropped 12% in premarket after the used-car dealership chain's quarterly results missed Wall Street estimates.

Wall Street broke its three-day losing streak and trimmed its losses for the week. The S&P 500 rose 0.6% Friday.

The S&P 500 popped 0.6%, while the Nasdaq composite bolstered its afternoon gain to 0.4%, after three straight days of losses. Meanwhile, small-cap stocks were robust performers, with the Russell 2000 index rising 0.9%.