American Express (AXP) stock price rises ahead of rate-cap week — what investors watch next
American Express shares rose 2.08% to $364.79 Friday, outperforming the broader market amid speculation over a possible White House cap on credit card interest rates. Trading volume topped 3.5 million shares. AmEx reported U.S. consumer card loans at $100.2 billion as of Dec. 31, with 1.3% of balances 30 days past due. U.S. markets will be closed Monday for Martin Luther King Jr. Day.