DJ Marsh & McLennan Cos. Stock Outperforms Competitors On Strong Trading Day
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Shares of Marsh & McLennan Cos. $(MMC)$ rallied 1.40% to $206.08 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.17% to 5,069.76 and Dow Jones Industrial Average falling 0.06% to 38,949.02.
The stock's rise snapped a three-day losing streak.
Marsh & McLennan Cos. hit a new 52-week high, surpassing its previous peak of $204.67, which the company achieved on February 23rd.
The stock outperformed some of its competitors Wednesday, as Accenture PLC Cl A $(ACN)$ rose 0.03% to $378.03, Chubb Ltd. $(CB)$ fell 0.51% to $253.58, and American International Group Inc. $(AIG)$ rose 0.67% to $72.43.
Trading volume (1.2 M) remained 610,140 below its 50-day average volume of 1.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 28, 2024.
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(END) Dow Jones Newswires
February 28, 2024 16:43 ET (21:43 GMT)
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