Bank of America stock rises as yields firm — here’s what could move BAC next
Bank of America shares rose 1.4% to $53.94 Monday, rebounding after an early dip as bond yields edged higher following Trump’s nomination of Kevin Warsh for Fed chair. Trading volume reached 19.5 million shares. JPMorgan, Wells Fargo, and Citi also advanced. Investors await Treasury refunding details and ADP payrolls data on Feb. 4.