Wells Fargo stock pops as banks rally on tariff relief, with Fed meeting ahead
New York, Jan 22, 2026, 13:34 EST — Regular session Shares of Wells Fargo & Company jumped 2.6% to $88.38 on Thursday, riding a wave of gains across U.S. banks. JPMorgan edged up 1.1%, Bank of America rose 1.4%, and Citigroup added 1.9%, while the S&P 500 ETF SPY increased roughly 0.7%. Financials rallied as Wall Street inched closer to record highs after President Donald Trump softened his tariff threats on Europe, easing the risk-off mood that had gripped markets earlier this week. “It’s the TACO trade follow on from yesterday,” said Dustin Thackeray, head of portfolio management at Crewe