Wells Fargo in gainers; IREN, PayPal in losers: week's financials wrap

Wall Street closed the week higher, driven by Nvidia earnings and Jackson Hole signals. Financials led gains: Deutsche Bank rose 6.72% on a €500M buyback, Mitsubishi UFJ gained 3.90%, TD added 3.50% on strong Q3 results, and Wells Fargo climbed 3.40%. Conversely, IREN fell 15.35% due to widened losses from AI transition, and PayPal dropped 12.82% after a buyout consortium abandoned its pursuit. Crypto-related stocks like Figure Technology and MARA also declined amid market cooldown.