Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Shares of Wells Fargo Fell Today

TheMotleyFool

0 0

On a rough day for the market in general, shares of Wells Fargo (NYSE: WFC) fell nearly 5% today for no obvious reason. The decline was more than the drop in the broader sector as the KBW Nasdaq Bank Index, which tracks large bank stocks, only fell about 3% today.

The bank sector came under pressure today as the yield on the 10-year U.S. Treasury bill fell ever so slightly, while the yield on the two-year U.S. Treasury bill rose slightly.

Image source: Getty Images.

Source Fool.com

Like: 0

WFC

Share