Wells Fargo stock slips as year-end trade hits banks; yields and Fed minutes in focus
Wells Fargo shares fell 0.8% to $94.52 Monday as U.S. bank stocks retreated in thin year-end trading. JPMorgan, Bank of America, and Citigroup dropped more sharply. The S&P 500 closed down 0.35%, while Treasury yields dipped to about 4.11%. Wells Fargo reports fourth-quarter results Jan. 14.