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

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Terrence Horan

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Shares of U.S. Bancorp USB, -0.11% rose 2.21% to $60.60 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA, +0.66% rising 0.06% to 34,133.03 and the S&P 500 Index SPX, +0.74% falling 0.67% to 4,164.66. The stock's rise snapped a two-day losing streak. U.S. Bancorp hit a new 52-week high, surpassing its previous peak of $60.13, which the company reached on April 29th.

The stock outperformed some of its competitors Tuesday, as Bank of America Corp. BAC, +0.40% rose 1.08% to $41.00, Citigroup Inc. C, +0.40% rose 0.86% to $72.33, and Wells Fargo & Co. WFC, -0.19% rose 0.57% to $45.74. Trading volume (7.9 M) eclipsed its 50-day average volume of 7.8 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.

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