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Xylem Inc. stock outperforms competitors on strong trading day

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Terrence Horan

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Shares of Xylem Inc. XYL, -0.76% rallied 2.86% to $123.37 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX, -0.08% rising 1.71% to 4,438.26 and the Dow Jones Industrial Average DJIA, -0.35% rising 1.56% to 34,912.56. This was the stock's second consecutive day of gains. Xylem Inc. closed $15.41 short of its 52-week high ($138.78), which the company achieved on September 2nd.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Thermo Fisher Scientific Inc. TMO, +0.83% rose 0.66% to $577.35, IDEX Corp. IEX, -0.33% rose 3.77% to $213.28, and Graco Inc. GGG, -0.17% rose 2.33% to $71.04. Trading volume (640,636) remained 89,918 below its 50-day average volume of 730,554.

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.