Oracle shares dropped nearly 7% despite being up 75% for the year. American Express stocks surged due to high-end card sales, while gold prices fell, affecting the top mining company. Major U.S. equities indexes rose 0.5% as concerns over bad loans and trade tensions eased. Kenvue stock rebounded, and Amex shares hit an all-time high. Gilead Sciences and Truist Financial both saw positive gains. Gold prices dropping led to a 7.6% decline in Newmont shares. Oracle shares sank due to lack of details and concerns raised by analysts. Moderna shares fell on worries about declining COVID-19 vaccine revenue.

Read more at Yahoo Finance: Amex Stock Hits Record High; Oracle and Newmont Plunge