Shares of State Street Corp. STT inched 0.53% higher to $85.40 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 1.44% to 4,077.91 and the Dow Jones Industrial Average DJIA rising 1.13% to 33,527.19. This was the stock's second consecutive day of gains. State Street Corp. closed $2.49 below its 52-week high ($87.89), which the company reached on March 18th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as JPMorgan Chase & Co. JPM rose 0.53% to $153.62, Bank of America Corp. BAC rose 0.79% to $39.80, and Citigroup Inc. C fell 0.53% to $72.75. Trading volume (3.5 M) eclipsed its 50-day average volume of 3.1 M.