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Here's Why Wells Fargo, Bank of America, and Other Big Bank Stocks Are Higher on Tuesday

Here's Why Wells Fargo, Bank of America, and Other Big Bank Stocks Are Higher on Tuesday

The stock market opened sharply higher on Tuesday following the long Memorial Day weekend. Bank stocks were some of the strongest performers. Citigroup (NYSE: C) and Wells Fargo (NYSE: WFC) were leading the big U.S. banks, higher by 8.2% and 6.3%, respectively.