Wall Street stumbles amid mixed earnings reports and pending rate decision from the Fed

Wall Street stumbles amid mixed earnings reports and pending rate decision from the Fed

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Wells Fargo shares rose 3% in premarket trading Wednesday after the bank said it would buy back $30 billion of its own stock. The bank also said its board approved a quarterly common stock dividend of $0.35 per share. CEO Charles Scharf said in a statement that Wells Fargo’s “capital levels are…

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