Shares of Bank of America Corp. /zigman2/quotes/200894270/composite BAC +0.38% rallied 4.15% to $32.38 Tuesday, 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 -0.16% rising 3.06% to 3,790.93 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +0.0091% rising 2.80% to 30,316.32. This was the stock's second consecutive day of gains. Bank of America Corp. closed $17.73 below its 52-week high ($50.11), which the company achieved on February 10th.
The stock underperformed when compared to some of its competitors Tuesday, as JPMorgan Chase & Co. /zigman2/quotes/205971034/composite JPM +1.64% rose 4.68% to $112.77, Citigroup Inc. /zigman2/quotes/207741460/composite C +0.72% rose 4.35% to $44.41, and Wells Fargo & Co. /zigman2/quotes/203790192/composite WFC +1.26% rose 4.71% to $43.54. Trading volume (39.0 M) eclipsed its 50-day average volume of 37.9 M.