Bloomberg Market Wrap 4/17: Biotech Stocks, AmEx, NYSE Trends

The video discusses the performance of the NASDAQ Biotech Index compared to the S&P 500, highlighting recent declines in the biotech sector. It also previews Amex's earnings, noting strong revenue growth and consumer confidence. Additionally, the video covers the trend of S&P 500 companies reaching new 52-week highs, indicating a potential continuation of the market rally.

What was the initial performance of the NASDAQ Biotech Index compared to the S&P 500?

• It underperformed the S&P 500.

• It outperformed the S&P 500 by a few hundred basis points.

• It matched the performance of the S&P 500.

• It declined significantly compared to the S&P 500.

What is the expected revenue growth target for Amex in 2019?

• 8 to 10%

• 12 to 15%

• 5 to 7%

• 10 to 12%

Which company recently renewed its credit card deal with Amex?

• American Airlines

• Delta

• Southwest Airlines

• United Airlines

What percentage of the S&P 500 hit new 52-week highs recently?

• 5%

• 9%

• 15%

• 20%

What is the significance of maintaining the trendline in the market rally?

• It indicates a potential market decline.

• It shows a decrease in market volatility.

• It suggests a stable market with no growth.

• It could continue to fuel the market rally.