Shares of Illinois Tool Works Inc. ITW, +1.55% rallied 1.55% to $206.54 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA, +0.71% rising 0.71% to 35,160.79 and the S&P 500 Index SPX, -0.06% falling 0.06% to 4,459.45. This was the stock’s third consecutive day of gains. Illinois Tool Works Inc. closed $43.27 below its 52-week high ($249.81), which the company achieved on January 5th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as 3M Co. MMM, +0.33% rose 0.33% to $150.59, Parker Hannifin Corp. PH, +2.29% rose 2.29% to $289.44, and Stanley Black & Decker Inc. SWK, -0.19% fell 0.19% to $144.28. Trading volume (876,733) remained 217,771 below its 50-day average volume of 1.1 M.