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Shares of U.S. Bancorp USB slid 1.22% to $46.93 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX falling 0.67% to 4,091.19 and Dow Jones Industrial Average DJIA falling 1.23% to 32,396.17. The stock's fall snapped a two-day winning streak. U.S. Bancorp closed $16.64 short of its 52-week high ($63.57), which the company achieved on January 13th.
Despite its losses, the stock outperformed some of its competitors Tuesday, as Bank of America Corp. BAC fell 1.99% to $33.04, Citigroup Inc. C fell 2.25% to $50.75, and Wells Fargo & Co. WFC fell 1.52% to $42.88.true Trading volume (6.5 M) remained 541,007 below its 50-day average volume of 7.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 2, 2022.
(END) Dow Jones Newswires
August 02, 2022 17:26 ET (21:26 GMT)
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