Why Bank of America Stock Soared on Tuesday
Shares of Bank of America (NYSE: BAC) climbed 3.9% in regular trading on Tuesday as confidence seemed to grow over the fate of the tax bill making its way through the Senate.
Earlier in the day, the Senate Budget Committee voted along party lines (12-11) to advance the tax bill through to the Senate floor.
Bank of America Plaza in Los Angeles, California. Image source: Getty Images.
Source: Fool.com