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U.S. Bancorp stock outperforms competitors on strong trading day

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Terrence Horan

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Shares of U.S. Bancorp USB, +0.84% rallied 3.38% to $57.80 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX, +0.15% rising 0.85% to 4,480.70 and the Dow Jones Industrial Average DJIA, +0.10% rising 0.68% to 34,814.39. U.S. Bancorp closed $4.67 short of its 52-week high ($62.47), which the company reached on May 18th.

The stock outperformed some of its competitors Wednesday, as Bank of America Corp. BAC, +1.08% rose 0.75% to $40.14, Citigroup Inc. C, +0.42% rose 2.43% to $70.45, and Wells Fargo & Co. WFC, +0.25% rose 1.28% to $46.64. Trading volume (7.2 M) eclipsed its 50-day average volume of 4.8 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.