Fidelity shares rise, Wells Fargo shares dip after Trump tweet hits investment industry

Fidelity (F) has climbed more than 1% in after-hours trading, after President Donald Trump’s tweet slamming investment firms hit investment-industry stocks.

The stock rose 1.8% to $33.80 after the news was announced.

The S&P 500 added 0.8%.

Wells Fargo rose 1% to close at $42.60.

Shares of Morgan Stanley (MS) and Bank of America (BAC) were among the top 10 S&amps on Wall Street.

Shares in JPMorgan Chase (JPM) and Goldman Sachs (GS) rose 1%.

The Dow Jones Industrial Average was down 6.5 points, or 0.7%, to 17,868.07.

The Nasdaq Composite lost 3.4 points, losing 1.1%.