Wells Fargo & Co. (NYSE:WFC) shares rose for the second day in a row today, part of a larger market rally that lifted the S&P 500 and the Dow Jones Industrial Average. The stock ended the day at $42.84, up 1.81% from the previous session.

The bank's performance stood out as it remained $6 short of its annual high set on February 14th, demonstrating stability in an often volatile banking sector. In example, U.S. Bancorp (NYSE:USB) had a 2.85% increase, despite two of its preferred series experiencing decreases ranging from 0.14% to 0.57%.

Investor interest in Wells Fargo was notable, with trading volume exceeding the 50-day average and indicating increased market activity for the financial firm. Despite the stock's distance from its yearly peak, this spike demonstrates investor confidence in Wells Fargo's trajectory in the face of market swings.