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Shares of Bank of New York Mellon Corp. (BK) advanced 1.03% to $41.08 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.94% to 4,198.05 and the Dow Jones Industrial Average rising 0.34% to 33,535.91.
This was the stock's second consecutive day of gains.
Bank of New York Mellon Corp. closed $11.18 below its 52-week high ($52.26), which the company achieved on February 14th.
The stock outperformed some of its competitors Thursday, as JPMorgan Chase & Co. (JPM) rose 0.76% to $139.50, Wells Fargo & Co. (WFC) fell 0.62% to $40.21, and Morgan Stanley (MS) rose 0.69% to $84.49.
Trading volume (4.2 M) remained 1.8 million below its 50-day average volume of 6.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 18, 2023.
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May 18, 2023 16:41 ET (20:41 GMT)
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