Wall Street jumps on optimism over lockdown easing but earnings a concern [Reuters]
Wells Fargo & Company (WFC)
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Source: Reuters
Wall Street jumps on optimism over lockdown easing but earnings a concern NEW YORK (Reuters) - U.S. stocks rose more than 2% on Tuesday as hopes that the Trump administration could move to ease coronavirus-induced lockdowns overshadowed worrying quarterly earnings reports from JPMorgan and Wells Fargo. White House adviser Larry Kudlow said President Donald Trump would make a number of announcements about re-opening the U.S. economy in the next day or two as the health crisis appeared to be ebbing, but some state governors have said the decision to re-start businesses lies with them. New York’s total hospitalizations fell for the first time since the onset of the novel coronavirus pandemic, Governor Andrew Cuomo said. “The market is going up on prospects of the economy reopening soon and also the coronavirus (possibly) reaching some sort of peak,” said Peter Cardillo, chief market economist at Spartan Capital Securities in New York. But, he said, the market could be in store for furthe
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WFC
Earnings
- 10/15/25 - Beat
WFC
Sec Filings
- 12/1/25 - Form 424B2
- 12/1/25 - Form 424B2
- 12/1/25 - Form 424B2
- WFC's page on the SEC website