Bank Of New York Mellon Corp. Stock Outperforms Competitors On Strong Trading Day

Dow Jones03-29

DJ Bank Of New York Mellon Corp. Stock Outperforms Competitors On Strong Trading Day

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Bank of New York Mellon Corp. $(BK)$ advanced 1.21% to $57.62 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.11% to 5,254.35 and the Dow Jones Industrial Average rising 0.12% to 39,807.37.

This was the stock's fourth consecutive day of gains.

Bank of New York Mellon Corp. hit a new 52-week high, surpassing its previous peak of $57.45, which the company reached on March 22nd.

The stock outperformed some of its competitors Thursday, as JPMorgan Chase & Co. $(JPM)$ rose 0.39% to $200.30, Wells Fargo & Co. $(WFC)$ rose 0.61% to $57.96, and Morgan Stanley $(MS)$ rose 0.71% to $94.16.

Trading volume (2.9 M) remained 969,063 below its 50-day average volume of 3.9 M.

Data source: Dow Jones Market Data, FactSet. Data compiled March 28, 2024.

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March 28, 2024 16:57 ET (20:57 GMT)

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