{"id":29618,"date":"2025-01-15T21:36:37","date_gmt":"2025-01-15T21:36:37","guid":{"rendered":"https:\/\/peraltafinancing.com\/business\/finance\/american-express-is-spiking-higher-heres-why\/"},"modified":"2025-01-15T21:36:37","modified_gmt":"2025-01-15T21:36:37","slug":"american-express-is-spiking-higher-heres-why","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=29618","title":{"rendered":"American Express Is Spiking Higher &#8212; Here&#8217;s Why"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p>The stock market was having a strong day on Wednesday, with the<strong> S&amp;P 500<\/strong> <span class=\"font-bold whitespace-nowrap\" data-id=\"220472\">(<a class=\"ticker-symbol\" href=\"https:\/\/www.fool.com\/quote\/snpindex\/%5Egspc\/\">^GSPC<\/a><span class=\"text-green-900 ticker-change\"> 1.83%<\/span>)<\/span> up by about 2% at 3:30 p.m. ET. However, the financial sector was one of the better performers, and <strong>American Express<\/strong> <span class=\"font-bold whitespace-nowrap\" data-id=\"202897\">(<a class=\"ticker-symbol\" href=\"https:\/\/www.fool.com\/quote\/nyse\/axp\/\">AXP<\/a><span class=\"text-green-900 ticker-change\"> 3.98%<\/span>)<\/span> was up by as much as 5%.<\/p>\n<p>There are two main reasons for this move: bank earnings and inflation data. So, let&#8217;s take these one at a time.<\/p>\n<h2>Bank earnings have been strong<\/h2>\n<p>First, several big <a href=\"https:\/\/www.fool.com\/investing\/stock-market\/market-sectors\/financials\/bank-stocks\/\">banks<\/a> kicked off earnings season on a high note. <strong>Wells Fargo<\/strong> <span class=\"font-bold whitespace-nowrap\" data-id=\"206051\">(<a class=\"ticker-symbol\" href=\"https:\/\/www.fool.com\/quote\/nyse\/wfc\/\">WFC<\/a><span class=\"text-green-900 ticker-change\"> 6.69%<\/span>)<\/span>, <strong>Goldman Sachs<\/strong> <span class=\"font-bold whitespace-nowrap\" data-id=\"203781\">(<a class=\"ticker-symbol\" href=\"https:\/\/www.fool.com\/quote\/nyse\/gs\/\">GS<\/a><span class=\"text-green-900 ticker-change\"> 6.02%<\/span>)<\/span>, <strong>Citigroup<\/strong> <span class=\"font-bold whitespace-nowrap\" data-id=\"203024\">(<a class=\"ticker-symbol\" href=\"https:\/\/www.fool.com\/quote\/nyse\/c\/\">C<\/a><span class=\"text-green-900 ticker-change\"> 6.49%<\/span>)<\/span>, and <strong>JPMorgan Chase<\/strong> <span class=\"font-bold whitespace-nowrap\" data-id=\"204149\">(<a class=\"ticker-symbol\" href=\"https:\/\/www.fool.com\/quote\/nyse\/jpm\/\">JPM<\/a><span class=\"text-green-900 ticker-change\"> 1.97%<\/span>)<\/span> all reported better-than-expected results for the fourth quarter. Some even surprised the market with an optimistic outlook. For example, Wells Fargo said that it expects net interest income to rise in 2025.<\/p>\n<h2>Inflation data is a pleasant surprise<\/h2>\n<p>Second, the reason the entire market is rallying higher is inflation, or more specifically, slower inflation than many had expected.<\/p>\n<p>On Tuesday, the latest Producer Price Index (PPI) data came in significantly lower than expected, followed by a core Consumer Price Index (CPI) reading on Wednesday that confirmed that inflation was lighter than expected in December.<\/p>\n<p>Tame inflation increases the likelihood that the Federal Reserve will continue to cut interest rates in 2025. With banks&#8217; interest margins under pressure in recent years due to rising rates, further rate cuts could be a catalyst for higher bank profits. This means the financial sector is one for investors to watch.<\/p>\n<\/p><\/div>\n<div>\n            <span class=\"article-disclosure\"><\/p>\n<p><em>Citigroup is an advertising partner of Motley Fool Money. JPMorgan Chase is an advertising partner of Motley Fool Money. American Express is an advertising partner of Motley Fool Money. Wells Fargo is an advertising partner of Motley Fool Money. <a href=\"https:\/\/www.fool.com\/author\/2280\/\">Matt Frankel<\/a> has positions in American Express. The Motley Fool has positions in and recommends Goldman Sachs Group and JPMorgan Chase. The Motley Fool has a <a href=\"https:\/\/www.fool.com\/legal\/fool-disclosure-policy\/\">disclosure policy<\/a>.<\/em><\/p>\n<p><\/span>\n          <\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>The stock market was having a strong day on Wednesday, with the S&amp;P 500 (^GSPC 1.83%) up by about 2% at 3:30 p.m. ET. However, the financial sector was one of the better performers, and American Express (AXP 3.98%) was up by as much as 5%. There are two main reasons for this move: bank [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":29619,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[93],"tags":[204,4510,6765,11029,20084],"dealstore":[],"offerexpiration":[],"class_list":["post-29618","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance","tag-american","tag-express","tag-heres","tag-higher","tag-spiking"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>American Express Is Spiking Higher - Here&#039;s Why - Som2ny Network<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fivemor.com\/?p=29618\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"American Express Is Spiking Higher - Here&#039;s Why - Som2ny Network\" \/>\n<meta property=\"og:description\" content=\"The stock market was having a strong day on Wednesday, with the S&amp;P 500 (^GSPC 1.83%) up by about 2% at 3:30 p.m. ET. However, the financial sector was one of the better performers, and American Express (AXP 3.98%) was up by as much as 5%. There are two main reasons for this move: bank [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/fivemor.com\/?p=29618\" \/>\n<meta property=\"og:site_name\" content=\"Som2ny Network\" \/>\n<meta property=\"article:published_time\" content=\"2025-01-15T21:36:37+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/01\/credit-card-2023.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2153\" \/>\n\t<meta property=\"og:image:height\" content=\"1392\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/fivemor.com\/?p=29618#article\",\"isPartOf\":{\"@id\":\"https:\/\/fivemor.com\/?p=29618\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\/\/fivemor.com\/#\/schema\/person\/b85e3c3dc0e1daea076524dc8810c371\"},\"headline\":\"American Express Is Spiking Higher &#8212; Here&#8217;s Why\",\"datePublished\":\"2025-01-15T21:36:37+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/fivemor.com\/?p=29618\"},\"wordCount\":316,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/fivemor.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/fivemor.com\/?p=29618#primaryimage\"},\"thumbnailUrl\":\"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/01\/credit-card-2023.jpg\",\"keywords\":[\"American\",\"Express\",\"Heres\",\"Higher\",\"Spiking\"],\"articleSection\":[\"Finance\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/fivemor.com\/?p=29618#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/fivemor.com\/?p=29618\",\"url\":\"https:\/\/fivemor.com\/?p=29618\",\"name\":\"American Express Is Spiking Higher - Here's Why - Som2ny Network\",\"isPartOf\":{\"@id\":\"https:\/\/fivemor.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/fivemor.com\/?p=29618#primaryimage\"},\"image\":{\"@id\":\"https:\/\/fivemor.com\/?p=29618#primaryimage\"},\"thumbnailUrl\":\"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/01\/credit-card-2023.jpg\",\"datePublished\":\"2025-01-15T21:36:37+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/fivemor.com\/?p=29618#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/fivemor.com\/?p=29618\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/fivemor.com\/?p=29618#primaryimage\",\"url\":\"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/01\/credit-card-2023.jpg\",\"contentUrl\":\"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/01\/credit-card-2023.jpg\",\"width\":2153,\"height\":1392},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/fivemor.com\/?p=29618#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/fivemor.com\/?bp_activities=1\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"American Express Is Spiking Higher &#8212; Here&#8217;s Why\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/fivemor.com\/#website\",\"url\":\"https:\/\/fivemor.com\/\",\"name\":\"Som2ny Network\",\"description\":\"Daily Deals\",\"publisher\":{\"@id\":\"https:\/\/fivemor.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/fivemor.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/fivemor.com\/#organization\",\"name\":\"Som2ny Network\",\"url\":\"https:\/\/fivemor.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/fivemor.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/fivemor.com\/wp-content\/uploads\/2026\/07\/4a0953c4-logo-300x86-1.png\",\"contentUrl\":\"https:\/\/fivemor.com\/wp-content\/uploads\/2026\/07\/4a0953c4-logo-300x86-1.png\",\"width\":300,\"height\":86,\"caption\":\"Som2ny Network\"},\"image\":{\"@id\":\"https:\/\/fivemor.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/fivemor.com\/#\/schema\/person\/b85e3c3dc0e1daea076524dc8810c371\",\"name\":\"admin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/fivemor.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/729ae85bf62b9917e93538db2f2688ca?s=96&r=g&default=https%3A%2F%2Ffivemor.com%2Fwp-content%2Fplugins%2Fbuddypress-first-letter-avatar%2Fimages%2Fdefault%2F96%2Flatin_a.png\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/729ae85bf62b9917e93538db2f2688ca?s=96&r=g&default=https%3A%2F%2Ffivemor.com%2Fwp-content%2Fplugins%2Fbuddypress-first-letter-avatar%2Fimages%2Fdefault%2F96%2Flatin_a.png\",\"caption\":\"admin\"},\"sameAs\":[\"https:\/\/fivemor.com\"],\"url\":\"https:\/\/fivemor.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"American Express Is Spiking Higher - Here's Why - Som2ny Network","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/fivemor.com\/?p=29618","og_locale":"en_US","og_type":"article","og_title":"American Express Is Spiking Higher - Here's Why - Som2ny Network","og_description":"The stock market was having a strong day on Wednesday, with the S&amp;P 500 (^GSPC 1.83%) up by about 2% at 3:30 p.m. ET. However, the financial sector was one of the better performers, and American Express (AXP 3.98%) was up by as much as 5%. There are two main reasons for this move: bank [&hellip;]","og_url":"https:\/\/fivemor.com\/?p=29618","og_site_name":"Som2ny Network","article_published_time":"2025-01-15T21:36:37+00:00","og_image":[{"width":2153,"height":1392,"url":"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/01\/credit-card-2023.jpg","type":"image\/jpeg"}],"author":"admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"admin","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/fivemor.com\/?p=29618#article","isPartOf":{"@id":"https:\/\/fivemor.com\/?p=29618"},"author":{"name":"admin","@id":"https:\/\/fivemor.com\/#\/schema\/person\/b85e3c3dc0e1daea076524dc8810c371"},"headline":"American Express Is Spiking Higher &#8212; Here&#8217;s Why","datePublished":"2025-01-15T21:36:37+00:00","mainEntityOfPage":{"@id":"https:\/\/fivemor.com\/?p=29618"},"wordCount":316,"commentCount":0,"publisher":{"@id":"https:\/\/fivemor.com\/#organization"},"image":{"@id":"https:\/\/fivemor.com\/?p=29618#primaryimage"},"thumbnailUrl":"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/01\/credit-card-2023.jpg","keywords":["American","Express","Heres","Higher","Spiking"],"articleSection":["Finance"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/fivemor.com\/?p=29618#respond"]}]},{"@type":"WebPage","@id":"https:\/\/fivemor.com\/?p=29618","url":"https:\/\/fivemor.com\/?p=29618","name":"American Express Is Spiking Higher - Here's Why - Som2ny Network","isPartOf":{"@id":"https:\/\/fivemor.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/fivemor.com\/?p=29618#primaryimage"},"image":{"@id":"https:\/\/fivemor.com\/?p=29618#primaryimage"},"thumbnailUrl":"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/01\/credit-card-2023.jpg","datePublished":"2025-01-15T21:36:37+00:00","breadcrumb":{"@id":"https:\/\/fivemor.com\/?p=29618#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/fivemor.com\/?p=29618"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/fivemor.com\/?p=29618#primaryimage","url":"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/01\/credit-card-2023.jpg","contentUrl":"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/01\/credit-card-2023.jpg","width":2153,"height":1392},{"@type":"BreadcrumbList","@id":"https:\/\/fivemor.com\/?p=29618#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/fivemor.com\/?bp_activities=1"},{"@type":"ListItem","position":2,"name":"American Express Is Spiking Higher &#8212; Here&#8217;s Why"}]},{"@type":"WebSite","@id":"https:\/\/fivemor.com\/#website","url":"https:\/\/fivemor.com\/","name":"Som2ny Network","description":"Daily Deals","publisher":{"@id":"https:\/\/fivemor.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/fivemor.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/fivemor.com\/#organization","name":"Som2ny Network","url":"https:\/\/fivemor.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/fivemor.com\/#\/schema\/logo\/image\/","url":"https:\/\/fivemor.com\/wp-content\/uploads\/2026\/07\/4a0953c4-logo-300x86-1.png","contentUrl":"https:\/\/fivemor.com\/wp-content\/uploads\/2026\/07\/4a0953c4-logo-300x86-1.png","width":300,"height":86,"caption":"Som2ny Network"},"image":{"@id":"https:\/\/fivemor.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/fivemor.com\/#\/schema\/person\/b85e3c3dc0e1daea076524dc8810c371","name":"admin","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/fivemor.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/729ae85bf62b9917e93538db2f2688ca?s=96&r=g&default=https%3A%2F%2Ffivemor.com%2Fwp-content%2Fplugins%2Fbuddypress-first-letter-avatar%2Fimages%2Fdefault%2F96%2Flatin_a.png","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/729ae85bf62b9917e93538db2f2688ca?s=96&r=g&default=https%3A%2F%2Ffivemor.com%2Fwp-content%2Fplugins%2Fbuddypress-first-letter-avatar%2Fimages%2Fdefault%2F96%2Flatin_a.png","caption":"admin"},"sameAs":["https:\/\/fivemor.com"],"url":"https:\/\/fivemor.com\/?author=1"}]}},"_links":{"self":[{"href":"https:\/\/fivemor.com\/index.php?rest_route=\/wp\/v2\/posts\/29618","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fivemor.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fivemor.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fivemor.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/fivemor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=29618"}],"version-history":[{"count":0,"href":"https:\/\/fivemor.com\/index.php?rest_route=\/wp\/v2\/posts\/29618\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/fivemor.com\/index.php?rest_route=\/wp\/v2\/media\/29619"}],"wp:attachment":[{"href":"https:\/\/fivemor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=29618"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fivemor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=29618"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fivemor.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=29618"},{"taxonomy":"dealstore","embeddable":true,"href":"https:\/\/fivemor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fdealstore&post=29618"},{"taxonomy":"offerexpiration","embeddable":true,"href":"https:\/\/fivemor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fofferexpiration&post=29618"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}