American Express stock barely budges after fresh loan data — what AXP investors are watching next
American Express shares rose 0.1% to $358.54 after releasing December credit data showing U.S. consumer card delinquencies fell to 1.3%, while small business delinquencies edged up to 1.7%. Net write-off rates held steady. Investors await earnings and watch for developments on a proposed federal cap on credit card interest rates.