Bank of America rises in premarket trades, as big bank stocks look to end the month in positive territory

Bank of America Corp.’s stock
BAC,
+2.66%
was up by 0.4% in premarket trading on Thursday as the megabank looks to end the month in positive territory. As of Wednesday’s close, Bank of America’s shares had gained more than 19% in November, for their first positive month since July and best overall monthly gain since October 2022, according to Dow Jones Market Data. JPMorgan Chase & Co.
JPM,
+0.51%,
Goldman Sachs Group Inc.
GS,
+1.60%,
Morgan Stanley
MS,
+2.17%,
Wells Fargo & Co and Citigroup Inc.
C,
+1.98%
have all been rising in recent weeks. The sector shifted into rally mode on Nov. 14 after tame Consumer Price Index data.