Shares of Bank of America Corp. /zigman2/quotes/200894270/composite BAC -1.75% rallied 3.39% to $35.07 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX -1.64% rising 2.13% to 4,210.24 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -1.08% rising 1.63% to 33,309.51. This was the stock's second consecutive day of gains. Bank of America Corp. closed $15.04 short of its 52-week high ($50.11), which the company reached on February 10th.
The stock outperformed some of its competitors Wednesday, as JPMorgan Chase & Co. /zigman2/quotes/205971034/composite JPM -0.78% rose 2.61% to $118.39, Citigroup Inc. /zigman2/quotes/207741460/composite C -1.39% rose 2.11% to $53.19, and Wells Fargo & Co. /zigman2/quotes/203790192/composite WFC -1.28% rose 2.14% to $44.33. Trading volume (60.2 M) eclipsed its 50-day average volume of 43.3 M.