The industrial sector is one area of the U.S. stock market that looks favorable to Wells Fargo Investment Institute after new tariffs on Canada, Mexico and China.

according to a FactSet transcript. The incoming Trump administration's "business-friendly approach to policies and regulation" will likely benefit the economy and Wells Fargo's clients ...

Wells Fargo & Co.'s stock jumped 3% early Wednesday ... Revenue fell to $20.378 billion from $20.478 billion a year ago. The FactSet consensus was for EPS of $1.35 and revenue of $20.579 billion.

Wells Fargo posted better-than-expected earnings and revenue for its fiscal second quarter. Wells Fargo posted second-quarter adjusted earnings of $1.33 a share on revenue of $20.7 billion.

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