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Shares of Truist Financial Corp. TFC inched 0.02% higher to $49.56 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 1.21% to 4,072.43 and the Dow Jones Industrial Average DJIA rising 1.03% to 32,529.63. This was the stock's second consecutive day of gains. Truist Financial Corp. closed $19.39 short of its 52-week high ($68.95), which the company achieved on January 18th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Wells Fargo & Co. WFC fell 0.89% to $43.32, HDFC Bank Ltd. ADR HDB rose 3.55% to $62.08, and U.S. Bancorp USB fell 4.34% to $46.12. Trading volume (5.0 M) remained 1.6 million below its 50-day average volume of 6.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 28, 2022.
(END) Dow Jones Newswires
July 28, 2022 17:23 ET (21:23 GMT)
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