Wells Fargo Stock (WFC) Weekend Update: Markets Closed as Investors Focus on Fed Minutes, Rate-Cut Expectations, and What’s Next for Big Banks
Wells Fargo shares closed at $95.26 Friday, up 2.4% from the previous week. Trading volume was about 5.1 million shares, typical for a holiday week. The bank’s Q4 earnings report is set for January 14. Investors are watching interest-rate expectations as the Federal Reserve’s benchmark rate stands at 3.50%–3.75%.