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Shares of Bank of New York Mellon Corp. (BK) inched 0.10% higher to $41.54 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.46% to 4,119.17 and Dow Jones Industrial Average falling 0.17% to 33,561.81.
This was the stock's third consecutive day of gains.
Bank of New York Mellon Corp. closed $10.72 short of its 52-week high ($52.26), which the company reached on February 14th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as JPMorgan Chase & Co. (JPM) fell 0.48% to $136.41, Wells Fargo & Co. (WFC) rose 0.42% to $38.54, and Morgan Stanley (MS) fell 0.07% to $84.37.
Trading volume (3.9 M) remained 2.2 million below its 50-day average volume of 6.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 9, 2023.
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(END) Dow Jones Newswires
May 09, 2023 16:41 ET (20:41 GMT)
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