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Shares of Truist Financial Corp. (TFC) rallied 2.23% to $50.90 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 2.13% to 4,210.24 and the Dow Jones Industrial Average rising 1.63% to 33,309.51. This was the stock's second consecutive day of gains. Truist Financial Corp. closed $18.05 below its 52-week high ($68.95), which the company reached on January 18th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Wells Fargo & Co. (WFC) rose 2.14% to $44.33, HDFC Bank Ltd. ADR (500180.BY) rose 3.49% to $65.27, and U.S. Bancorp (USB) rose 1.46% to $47.87. Trading volume (4.0 M) remained 2.1 million below its 50-day average volume of 6.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 10, 2022.
(END) Dow Jones Newswires
August 10, 2022 17:24 ET (21:24 GMT)
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