Shares of Chubb Ltd.
inched 0.94% higher to $183.96 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index
rising 1.71% to 4,438.26 and the Dow Jones Industrial Average
rising 1.56% to 34,912.56. This was the stock's second consecutive day of gains. Chubb Ltd. closed $3.94 below its 52-week high ($187.90), which the company reached on August 23rd.
The stock underperformed when compared to some of its competitors Thursday, as Arch Capital Group Ltd.
rose 2.37% to $42.80 and RenaissanceRe Holdings Ltd.
rose 1.56% to $148.28. Trading volume (1.3 M) remained 319,748 below its 50-day average volume of 1.7 M.