Closing Bell: Wells Fargo Considers Clawbacks; U.S. Stocks Climb

U.S. stocks climbed and the Dow Jones Industrial Average jumped more than 100 points thanks to gains in the tech and consumer sectors.
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U.S. stocks climbed and the Dow Jones Industrial Average jumped more than 100 points on Tuesday thanks to gains in the tech and consumer sectors. Oil capped big gains after a major selloff. Amgen (AMGN) - Get Report slid after a late-stage clinical trial of its cancer treatment missed its primary endpoint. An R&D exec said the results were "disappointing."  Wells Fargo (WFC) - Get Report is reportedly mulling executive pay clawbacks as it faces scrutiny following the scandal over its sales tactics. Wells Fargo agreed to a $185 million settlement with government officials earlier this month. SeaWorld (SEAS) - Get Report climbed after outlining its new attractions set to open next year, which include a new orca show. The company has struggled since controversy erupted three years ago over its captivity of killer whales.