Why JPMorgan, Bank of America, Wells Fargo, and Citigroup Stocks Rose Today

Why JPMorgan, Bank of America, Wells Fargo, and Citigroup Stocks Rose Today

Bank stocks climbed on Tuesday, as positive COVID-19 vaccine news boosted investors' hopes for an economic recovery. Bank stocks rose on positive coronavirus vaccine developments. If Russia's vaccine is confirmed to be effective against COVID-19, JPMorgan Chase, Wells Fargo, Citigroup, and Bank of America (as well as other bank stocks) could certainly rally further in the weeks and months ahead.