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Shares of U.S. Bancorp (USB) inched 0.13% higher to $30.49 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.94% to 4,198.05 and the Dow Jones Industrial Average rising 0.34% to 33,535.91.
This was the stock's second consecutive day of gains.
U.S. Bancorp closed $22.88 below its 52-week high ($53.37), which the company achieved on May 31st.
The stock outperformed some of its competitors Thursday, as Bank of America Corp. (BAC) fell 0.35% to $28.47, Great Southern Bancorp Inc. (GSBC) rose 0.10% to $52.08, and Wells Fargo & Co. (WFC) fell 0.62% to $40.21.
Trading volume (13.2 M) remained 8.6 million below its 50-day average volume of 21.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 18, 2023.
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May 18, 2023 17:30 ET (21:30 GMT)
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