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Shares of Truist Financial Corp. (TFC) rallied 1.15% to $52.01 Tuesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.19% to 4,305.20 and the Dow Jones Industrial Average rising 0.71% to 34,152.01. Truist Financial Corp. closed $16.94 below its 52-week high ($68.95), which the company reached on January 18th.
The stock outperformed some of its competitors Tuesday, as Wells Fargo & Co. (WFC) rose 0.68% to $46.06, HDFC Bank Ltd. ADR (500180.BY) fell 1.25% to $64.94, and U.S. Bancorp (USB) rose 0.45% to $49.30. Trading volume (3.4 M) remained 2.4 million below its 50-day average volume of 5.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 16, 2022.
(END) Dow Jones Newswires
August 16, 2022 17:23 ET (21:23 GMT)
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