Stock Market Today, Feb. 24: Bank of America Slips as Economic Uncertainty Pressures Big Banks
2026-02-24 17:55:47 ET
Bank of America (NYSE:BAC) , a global financial-services provider, closed Tuesday at $50.41, down 1.29%. The stock slipped as investors continued to react to recent tariff-related pressure on bank shares and weighed coverage noting its underperformance versus the S&P 500 over the past year.
The company’s trading volume reached 52.8 million shares, which is roughly 36% above compared with its three-month average of 38.9 million shares. Bank of America went public in 1973 and has grown 989% since its IPO.
S&P 500 (SNPINDEX:^GSPC) rose 0.77% to 6,891, while the Nasdaq Composite (NASDAQINDEX:^IXIC) added 1.04% to finish at 22,864. Among diversified banks, industry peers JPMorgan Chase (NYSE:JPM) closed at $297.3 (-0.12%) and Wells Fargo (NYSE:WFC) ended at $84.57 (-0.68%), reflecting broad sector softness.
NASDAQ: WFC
WFC Trading
1.59% G/L:
$78.865 Last:
9,829,913 Volume:
$78.95 Open:
