All bridges and tunnels into New York City operated by the Port Authority of New York and New Jersey will close on Saturday afternoon because of blizzard conditions in the metropolitan area, New York Governor Andrew Cuomo said.
A winter storm dumped nearly 2 feet of snow on the suburbs of Washington, D.C., on Saturday before moving on to Philadelphia and New York, paralyzing road, rail and airline travel along the U.S. East Coast.
American Express Co.'s stock , which suffered the biggest-ever price decline in the 44 years it has traded publicly, according to FactSet data, took more than 50 points away from the Dow Jones Industrial Average's gain.
The Federal Reserve will meet next week for the first time since raising interest rates off their rock-bottom lows in December, but policy makers won’t be raising rates again. A reading on fourth quarter GDP is also due.
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