American Express stock dips today as Fed minutes weigh on financials; AXP earnings date in focus
American Express shares slipped 0.3% to $374.12 in late afternoon trading Tuesday, with Visa and Mastercard also lower. Federal Reserve minutes showed officials backing short-term bond purchases for reserve management, not as a policy shift. Investors are watching the Fed’s Jan. 27-28 meeting and American Express earnings on Jan. 30. U.S. stocks traded quietly, with financials weighing on the Dow.