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American Express Co (NYSE:AXP) Stock Falls 1.11% to $326.16 on September 8: Oil Shock and Canada Tariffs Drag Financials Lower as Premium Card Spending Faces Inflation Test

Oil nearing $100 and Canada's retaliatory tariffs sent the Dow down 628 points on September 8, catching American Express in the downdraft despite its strongest card-spending growth in three years.
September 8, 2026
2 mins read
American Express AXP stock falls amid Dow Jones selloff September 8 2026 oil prices Canada tariffs
The Dow Jones Industrial Average dropped 628 points on September 8, 2026, as oil prices neared $100 and Canada imposed retaliatory tariffs on U.S. goods. [Image Source: Getty Images via CBS News]
Economy Desk

Economy Desk

The Eastern Herald’s Economy Desk covers global markets, business, commodities, energy, financial developments and major economic forces shaping companies, industries and the global economy.

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