Shares of Bank of America Corp. /zigman2/quotes/200894270/composite BAC -3.92% advanced 2.95% to $31.09 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX -1.04% rising 2.59% to 3,678.43 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -0.67% rising 2.66% to 29,490.89. The stock's rise snapped a two-day losing streak. Bank of America Corp. closed $19.02 short of its 52-week high ($50.11), which the company reached on February 10th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as JPMorgan Chase & Co. /zigman2/quotes/205971034/composite JPM -0.14% rose 3.09% to $107.73, Citigroup Inc. /zigman2/quotes/207741460/composite C -1.69% rose 2.14% to $42.56, and Wells Fargo & Co. /zigman2/quotes/203790192/composite WFC -1.43% rose 3.38% to $41.58. Trading volume (34.2 M) remained 3.5 million below its 50-day average volume of 37.7 M.