American Electric Power stock heads into the open after a 0.7 percent drop

At the close on September 24, 2026, American Electric Power stock finished at USD 117.57 in New York, while the S&P 500 slipped 0.02 percent. Federal grid funding was announced during the session.

American Electric Power stock closed at USD 117.57 on the New York Stock Exchange on September 24, 2026, down 0.7 percent. The S&P 500 ended at 7,704.13, down less than 0.1 percent, leaving the utility underperforming the index by at least 0.6 percentage points. As ii.co.uk reported on September 24, 2026, American Electric Power was set to receive federal funding for transmission upgrades.

September 24, 2026 in numbers

American Electric Power Inc. (ISIN US0255371017) finished at USD 117.57 in New York on September 24, 2026, after losing 0.7 percent. The company said the funding included a USD 108.0 million Department of Energy grant matched by an investment of approximately the same size, while a further USD 50 million was made available for transmission monitoring technology. The shares fell another 0.1 percent after hours, according to the same dated market report.

September 25, 2026 session

The broader market backdrop was weaker for large US equities: the Dow Jones Industrial Average fell 0.3 percent to 51,349.98, while the Nasdaq Composite rose less than 0.1 percent to 26,939.37 on September 24, 2026. The federal funding announcement and the company specific transmission projects remain the dated developments framing American Electric Power before the September 25, 2026 session.