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Dow Jones Industrial Average



) is trading up 169 points (+1.3%) at 12,771 as of Friday, Jun 29, 2012, 9:35 a.m. ET. During this time, 45.7 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 701.7 million. The NYSE advances/declines ratio sits at 2,581 issues advancing vs. 224 declining with 75 unchanged.

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The Dow component leading the way higher looks to be

Bank of America Corporation



), which is sporting a 30-cent gain (+3.8%) bringing the stock to $8.04. This single gain is lifting the Dow Jones Industrial Average by 2.27 points or roughly accounting for 1.3% of the Dow's overall gain. Volume for Bank of America Corporation currently sits at 20.7 million shares traded vs. an average daily trading volume of 200 million shares.

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Bank of America Corporation has a market cap of $83.73 billion and is part of the


sector and


industry. Shares are up 39.7% year to date as of Thursday's close. The stock's dividend yield sits at 0.5%.

Bank of America Corporation, through its subsidiaries, provides various banking and financial products and services to individual consumers, small-and middle-market businesses, institutional investors, corporations, and governments in the United States and internationally.

TheStreet Ratings rates Bank of America Corporation as a


. The company's strengths can be seen in multiple areas, such as its expanding profit margins and notable return on equity. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, generally poor debt management and weak operating cash flow.