Why JPMorgan, Bank of America, Citigroup, and Wells Fargo Stocks Jumped on Friday
What happened Bank stocks rose on Friday, as positive COVID-19 treatment news helped calm investors' fears that surging coronavirus case counts could derail an economic recovery. Megabanks JPMorgan Chase (NYSE: JPM), Bank of America (NYSE: BAC), Citigroup (NYSE: C), and Wells Fargo (NYSE: WFC) climbed 5.