American Express Stock Dips Amid Tariffs
This is a news story, published by Yahoo Finance, that relates primarily to American Express news.
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Amex stockGOBankingRates
•Business
Business & Economics
Amex Stock: 2 Experts Argue Pros and Cons of ‘Buying the Dip’ Amid Trump Tariff Drama
83% Informative
American Express (AXP) stock has fallen 16% in less than one week .
The credit card company’s stock closed at $ 275.25 on April 2, 2025 , and it had fallen to $ 231.39 at the close on April 8, 2025 .
American Express is potentially in a better position than some other competitors due to its relatively high annual credit card fees for some of its products.
American Express is an attractive pick, but it could also be subject to further decline.
Maybe the financial services industry as a whole will struggle due to less business and consumer borrowing, while consumer staples will hold up.
In a downturn, Amex stock could get disposed of along with other financial names.
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