Shares of PNC Financial Services Group Inc. PNC, -1.77% rallied 2.68% to $167.63 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX, -3.88% rising 0.95% to 3,978.73 and the Dow Jones Industrial Average DJIA, -2.79% rising 0.60% to 32,120.28. This was the stock’s fourth consecutive day of gains. PNC Financial Services Group Inc. closed $60.51 below its 52-week high ($228.14), which the company reached on January 13th.
The stock outperformed some of its competitors Wednesday, as JPMorgan Chase & Co. JPM, -2.98% rose 0.70% to $127.24, Wells Fargo & Co. WFC, -2.72% rose 1.92% to $44.12, and Fifth Third Bancorp FITB, -3.48% rose 2.27% to $37.44. Trading volume (2.8 M) eclipsed its 50-day average volume of 2.3 M.
Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.
Source: marketwatch.com
