Shares of Bank of America Corp. /zigman2/quotes/200894270/composite BAC +1.98% advanced 1.27% to $44.71 Tuesday, 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 -1.22% rising 2.07% to 4,686.75 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -0.19% rising 1.40% to 35,719.43. This was the stock's second consecutive day of gains. Bank of America Corp. closed $3.98 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 Tuesday, as JPMorgan Chase & Co. /zigman2/quotes/205971034/composite JPM +1.09% rose 1.50% to $162.57, Citigroup Inc. /zigman2/quotes/207741460/composite C +2.25% rose 0.61% to $62.90, and Wells Fargo & Co. /zigman2/quotes/203790192/composite WFC +0.51% rose 2.95% to $50.25. Trading volume (40.7 M) remained 4.2 million below its 50-day average volume of 44.9 M.