WFC - What's Going On With Bank Of America (BAC) And Wells Fargo (WFC) Shares | Benzinga
Bank of America Corp (NYSE: BAC) and Wells Fargo & Co (NYSE: WFC) shares are trading higher going into the close of Tuesday's session. Shares of banks and financial services stocks at large are trading higher amid overall market strength after October CPI data showed softer-than-expected inflation.
What Happened With CPI Data?
In October 2023, US inflation dropped to 3.2% from 3.7% the previous month, surprising economists who anticipated a slightly higher rate of 3.3%. This decline signaled a sustained downward trend after ...
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