Shares of Bank of America Corp. BAC, +0.79% inched 0.79% higher to $47.34 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX, +0.09% rising 0.09% to 4,701.70 and the Dow Jones Industrial Average DJIA, +0.29% rising 0.29% to 36,432.22. The stock’s rise snapped a two-day losing streak. Bank of America Corp. closed $1.35 short of its 52-week high ($48.69), which the company achieved on November 3rd.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as JPMorgan Chase & Co. JPM, +0.60% rose 0.60% to $169.06, Citigroup Inc. C, +2.18% rose 2.18% to $68.45, and Wells Fargo & Co. WFC, +0.85% rose 0.85% to $50.87. Trading volume (33.5 M) remained 11.3 million below its 50-day average volume of 44.8 M.