American Express Stock Falls Amid Tighter Fed Messaging
American Express stock declined by 3.7 percent to close at $312.43 on the New York Stock Exchange on September 16, 2026.
This decrease followed a tighter Federal Reserve messaging that led rate-sensitive financial names to sell off in the market.
American Express reported double-digit revenue growth for its latest quarter, with quarterly revenue reaching $21.6 billion and net profit at $3.11 billion.
The company's revenue rose by 8.4 percent year over year, while net profit increased by around 7.6 percent during the same period.