Bank of America stock today: BAC slips after-hours as year-end selling and rate focus set up January catalysts
Bank of America shares slipped 0.5% to $55 in after-hours trading Wednesday as U.S. stocks closed lower on the year’s final session. Initial jobless claims fell to 199,000, pushing Treasury yields higher. Markets are closed Thursday for New Year’s Day and will reopen Friday. Investors await Bank of America’s Jan. 14 earnings and the Fed’s Jan. 28 policy decision.