US Markets

Wells Fargo earnings jump as economy bounces back

Wells Fargo's sevenfold rise in profits came during what is shaping up to be an economic resurgence. That has prompted banks to release some of the money they stowed away last year to protect against soured loans, which has boosted their bottom lines.

Nasdaq jumps 1%, Johnson & Johnson keeps Dow down

U.S. equity markets ended mixed after the U.S. Food and Drug Administration recommended Johnson & Johnson’s COVID-19 vaccine be paused amid blood-clotting concerns and consumer prices rose at the fastest pace in over eight years.