New York, Feb 24, 2026, 18:39 EST — After-hours
American Express finished Tuesday’s session down 0.24% at $320.48, barely moving in after-hours trading. The stock couldn’t recover following Monday’s sharp drop. (StockAnalysis)
The card issuer weighed heavily on the Dow Monday, underscoring how the price-weighted setup means stocks with bigger share prices punch above their weight. Every $1 change in a Dow component moves the index by roughly 6.16 points, according to MarketWatch. (MarketWatch)
Right now, the focus is shifting away from American Express and onto what’s showing up on the tape. On Tuesday, Wall Street snapped back, with chipmakers and software stocks taking the lead. Still, tariff worries and the rapid-fire news flow around artificial intelligence have been keeping investors on edge. “We’re seeing a little bit of a buy on the dip,” said Matthew Keator, managing partner at the Keator Group. (Reuters)
The AI conversation keeps looping back on itself. Investors, Reuters said, were searching for a bottom in beaten-down software stocks after Anthropic’s fresh set of “plug-ins” hit the scene—though it’s only been weeks since similar launches helped send the sector sliding. That same article highlighted a 10.2% unemployment scenario for 2028 from Citrini Research. “Software stocks … are just massively oversold,” said Dennis Dick, chief market strategist at Stock Trader Network. (Reuters)
Stocks in the U.S. dropped more than 1% on Monday, with financials leading the decline—down 3.3%—as investors reacted to renewed tariff concerns. The Supreme Court’s decision to overturn many of President Donald Trump’s tariffs, followed by his threats of new duties, rattled the market, according to Reuters. “Sell first, assess later,” said Tom Hainlin, senior investment strategist at U.S. Bank Wealth Management. (Reuters)
Payments and consumer-credit stocks got knocked back at once. Capital One tumbled over 8% by Monday’s close, Nasdaq.com said. Mastercard shed more than 5%, with both Visa and JPMorgan off by upwards of 4% as well. (Nasdaq)
Tuesday’s move was relatively modest, but the stock swung widely throughout the session. American Express saw prices between $316.07 and $323.58, Barchart data showed. (Barchart)
Shares slipped, but the company story hasn’t soured. Back in late January, American Express laid out a 2026 EPS forecast between $17.30 and $17.90, and mapped out a 9%–10% revenue growth target. The numbers, the company said, reflect persistent, robust spending by its wealthier customer base, even as costs head higher. (Reuters)
The risks are clear enough. Should tariff threats solidify into enduring policy, inflation jitters might flare again, forcing borrowing costs to stay elevated. That mix typically chills travel and non-essential purchases, and pushes up credit losses — bad news for card lenders.
Next up on traders’ radar: Nvidia’s much-anticipated earnings, slated for Wednesday, Feb. 25. The company will kick off its conference call at 2 p.m. PT (5 p.m. ET). Any surprises—upside or down—have a track record of rippling through risk assets, pulling in Dow stocks like American Express as well. (Nvidia)
