Wells Fargo rises after Q2 profit jumps
WFC•Stock remains down year to date
As of last close, WFC stock down nearly 6% YTD.
Interest income and markets revenue increase
Interest income rises ~5% in Q2 from a year earlier, while markets revenue surges ~24%.
Shares rise after second-quarter profit beats
U.S. banking giant Wells Fargo's WFC.N shares rise 1.5% to $88.95 premarket.
WFC reports net income of $6.41 billion, or $2.00 per share, in the three months ended June 30, compared with $5.49 billion, or $1.60 per share, a year earlier.
