Shares inched 0.6% higher after the bank reported stronger-than-expected results for the second quarter, as it benefited from higher interest rates and better-than-expected bond trading.
Wells Fargo shares dipped slightly even after the Wall Street firm topped second-quarter expectations. The bank also said it anticipates higher-than-expected net interest income this year.
The health-care giant popped 7.2% after topping expectations for the second quarter on both the top and bottom lines. UnitedHealth also upped the lower end of its full-year guidance. Other health-care stocks rose in sympathy, with Cigna and Elevance Health last up more than 4% each.
