Shares of U.S. Bancorp
rose 1.71% to $57.85 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index
rising 0.33% to 4,280.70 and the Dow Jones Industrial Average
rising 0.69% to 34,433.84. This was the stock’s third consecutive day of gains. U.S. Bancorp closed $4.62 short of its 52-week high ($62.47), which the company achieved on May 18th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Bank of America Corp.
rose 1.93% to $41.62, Citigroup Inc.
rose 0.32% to $71.55, and Wells Fargo & Co.
rose 2.66% to $46.38. Trading volume (4.9 M) remained 1.4 million below its 50-day average volume of 6.3 M.