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Shares of U.S. Bancorp (USB) inched 0.49% higher to $47.18 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.42% to 4,122.47 and Dow Jones Industrial Average falling 0.18% to 32,774.41. U.S. Bancorp closed $16.39 short of its 52-week high ($63.57), which the company reached on January 13th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Bank of America Corp. (BAC) rose 1.28% to $33.92, Citigroup Inc. (C) rose 1.20% to $52.09, and Wells Fargo & Co. (WFC) rose 0.49% to $43.40. Trading volume (3.9 M) remained 3.0 million below its 50-day average volume of 6.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 9, 2022.
(END) Dow Jones Newswires
August 09, 2022 17:26 ET (21:26 GMT)
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