Stocks
Amex Slumps 3.7% as Fed Rate Hike Hits US Equities
American Express stock closed at $312.43 on September 16, 2026, down 3.7 percent from the prior session on the New York Stock Exchange.
The drop left the shares notably weaker than the broader Dow Jones Industrial Average on the same date as rate-sensitive financial names reacted to tighter Federal Reserve messaging.
On the week, American Express stock had been trading at $326.21 on September 14, 2026, but it fell by roughly $13.78 to its closing price of $312.43 on September 16, 2026.