Shares of U.S. Bancorp USB, +2.14% rose 2.14% to $42.01 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX, +1.63% rising 1.63% to 3,859.11 and the Dow Jones Industrial Average DJIA, +1.07% rising 1.07% to 31,836.74. This was the stock’s third consecutive day of gains. U.S. Bancorp closed $21.56 short of its 52-week high ($63.57), which the company reached on January 13th.
The stock outperformed some of its competitors Tuesday, as Bank of America Corp. BAC, +0.91% rose 0.91% to $35.39, Citigroup Inc. C, +2.05% rose 2.05% to $45.32, and Wells Fargo & Co. WFC, +0.38% rose 0.38% to $45.37. Trading volume (13.1 M) eclipsed its 50-day average volume of 8.9 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: news.google.com
