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Shares of Loews Corp. (L) rose 1.88% to $54.61 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.14% to 3,719.98 and the Dow Jones Industrial Average rising 1.12% to 30,523.80. This was the stock's second consecutive day of gains. Loews Corp. closed $13.59 short of its 52-week high ($68.20), which the company achieved on April 21st.
The stock outperformed some of its competitors Tuesday, as Chubb Ltd. (CB) rose 1.02% to $194.65, Progressive Corp. (PGR) rose 0.56% to $120.26, and Travelers Cos. Inc. (TRV) rose 1.20% to $166.77. Trading volume (864,636) remained 23,881 below its 50-day average volume of 888,517.
Data source: Dow Jones Market Data, FactSet. Data compiled October 18, 2022.
(END) Dow Jones Newswires
October 18, 2022 17:05 ET (21:05 GMT)
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