4 Top-Performing ETF Areas of Last Week [Yahoo! Finance]
Wells Fargo & Company (WFC)
Last wells fargo & company earnings: 4/14 07:46 am
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US:NYSE Investor Relations:
wellsfargo.com/about/investor-relations
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Source: Yahoo! Finance
The S&P 500, the tech-heavy Nasdaq Composite and the Dow Jones dropped 1.6%, 0.5% and 2.4% last week, respectively. Inflation fears were sparked last week by a robust consumer price index reading. This has dashed hopes of a near-term rate cut by the Fed. Also, investor sentiment soured following lackluster performances from the banking sector. Hot Inflation U.S. inflation jumped in March, surpassing expectations primarily due to higher petrol and shelter costs, dashing hopes of a June interest rate cut by the Fed. The US consumer price index (CPI) rose by 0.4% sequentially, exceeding estimates from Wall Street. Over the 12-month period ending in March, the CPI recorded a 3.5% year-over-year increase, marking the largest gain in six months since September 2023. This follows a 3.2% rise in February 2024. Decline in Bank Shares on Friday Wall Street closely monitored earnings from major banks to gauge the potential ramifications if interest rates remain higher than anticipated.
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WFC
News
- US Debt-Sale Plan Seen Benefiting From Fed That ‘Stops Hurting' [Yahoo! Finance]Yahoo! Finance
- US Debt-Sale Plan Seen Benefiting From Fed That ‘Stops Hurting' [BNN Bloomberg (Canada)]BNN Bloomberg
- US Fed to meet amid dwindling hopes of summer rate cuts [Yahoo! Finance]Yahoo! Finance
- Cash App's Savings Product Takes on Traditional Banks [Forbes]Forbes
- Wells Fargo Expands Down Payment Grant Program to Help Bridge Homeownership Gap [Yahoo! Finance]Yahoo! Finance
WFC
Earnings
- 4/12/24 - Beat
WFC
Sec Filings
- 4/26/24 - Form 424B2
- 4/26/24 - Form 424B2
- 4/26/24 - Form 424B2
- WFC's page on the SEC website