Shares of banks and other financial institutions were flat after weak consumer-price data quelled concerns about the potential for stagflation in the U.S.
Goldman Sachs Group Chief Executive David Solomon took a nearly 30% pay cut in 2022.
American Express shares rallied despite a retreat in quarterly earnings, as the credit-card provider boosted its dividend. AmEx executives said travel spending trends remain very strong.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
01-27-23 1732ET
