Here’s Why Wells Fargo Was Rising on Wednesday

1 min read

The S&P 500 rose modestly on Wednesday, with the index up by about 0.5% as of 3:30 p.m. EST. And the financial sector was one of the top performing areas of the market, with the SPDR Financial Select Sector ETF (NYSEMKT: XLF) up by nearly 2% for the day and most major bank stocks in the green.

However, Wells Fargo (NYSE: WFC) was a big standout, with shares rising by more than 5% to their highest level since June.

Image source: Wells Fargo.

Continue reading

Leave a Reply

Your email address will not be published.

Previous Story

Pfizer and BioNTech to Supply Feds With 100 Million Additional Doses of Coronavirus Vaccine

Next Story

Is the Stock Market Signaling the End for 2020’s Favorite Stocks?

Latest from Blog