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Shares of Bank of New York Mellon Corp. (BK) rose 1.37% to $40.70 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.30% to 4,136.28 and the Dow Jones Industrial Average rising 0.14% to 33,348.60.
The stock's rise snapped a three-day losing streak.
Bank of New York Mellon Corp. closed $11.56 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 Monday, as JPMorgan Chase & Co. (JPM) rose 0.84% to $135.23, Wells Fargo & Co. (WFC) rose 3.41% to $38.77, and Morgan Stanley (MS) rose 0.68% to $82.95.
Trading volume (3.2 M) remained 2.9 million below its 50-day average volume of 6.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 15, 2023.
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(END) Dow Jones Newswires
May 15, 2023 16:41 ET (20:41 GMT)
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