American Express Stock Surges 2.74 as $1.2 Billion Volume Spike Propels It to 81st in Market Rank

. 17, , . The stock’s performance was driven by renewed investor confidence in the financial sector following a that clarified compliance guidelines for credit card operations, a core revenue driver for the company. Analysts noted the move aligns with broader market trends toward risk-on assets as inflationary pressures show signs of easing.

, attributed to disciplined cost management and higher . While the company faces ongoing litigation risks, its recent settlement of a major reduced short-term volatility. Institutional buying activity intensified in the latter half of the session, with a significant portion of volume attributed to reacting to macroeconomic data releases.

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