Shares of Bank of America Corp. BAC inched 0.17% higher to $29.03 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX falling 0.16% to 3,629.65 and Dow Jones Industrial Average DJIA falling 0.58% to 29,872.47. This was the stock's third consecutive day of gains. Bank of America Corp. closed $6.69 below its 52-week high ($35.72), which the company reached on December 27th.
The stock outperformed some of its competitors Wednesday, as JPMorgan Chase & Co. JPM fell 1.05% to $122.03, Citigroup Inc. C remained unchanged, and Wells Fargo & Co. WFC fell 0.07% to $28.59. Trading volume (56.4 M) remained 5.5 million below its 50-day average volume of 61.9 M.