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Shares of Truist Financial Corp. TFC rose 2.01% to $49.11 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 0.13% to 3,966.84 and the Dow Jones Industrial Average DJIA rising 0.28% to 31,990.04. Truist Financial Corp. closed $19.84 below its 52-week high ($68.95), which the company reached on January 18th.
The stock outperformed some of its competitors Monday, as Wells Fargo & Co. WFC rose 0.76% to $43.50, HDFC Bank Ltd. ADR HDB rose 0.92% to $59.15, and U.S. Bancorp USB rose 0.71% to $48.05. Trading volume (3.6 M) remained 3.2 million below its 50-day average volume of 6.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 25, 2022.
(END) Dow Jones Newswires
July 25, 2022 17:23 ET (21:23 GMT)
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