Shares of companies in the broader financial services sector, including Bank of America Corp (NYSE:BAC), are trading higher amid overall market strength as stocks rebound following Monday's selloff.
Shares of banks and financial services companies also saw strength last week following a rise in the 10-year US treasury yield. The 10-year note is trading around 1.527%. The 10-year note has a 3-month high of 1.533% and a 3-month low of 1.168%.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
Bank of America is one of the largest financial institutions in the United States, with more than $2.5 trillion in assets.
Bank of America has a 52-week high of $44.75 and a 52-week low of $23.12.