Shares of Hess Corp. /zigman2/quotes/203832174/composite HES +0.23% rose 5.21% to $70.82 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX +0.75% rising 0.95% to 4,395.64 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +1.09% rising 1.00% to 34,258.32. The stock's rise snapped a four-day losing streak. Hess Corp. closed $20.27 below its 52-week high ($91.09), which the company reached on June 23rd.
The stock outperformed some of its competitors Wednesday, as Exxon Mobil Corp. /zigman2/quotes/204455864/composite XOM +0.95% rose 2.93% to $55.21, Chevron Corp. /zigman2/quotes/205871374/composite CVX +0.74% rose 2.94% to $97.64, and Royal Dutch Shell PLC ADR Cl A /zigman2/quotes/205095589/composite RDS.A +1.29% rose 0.66% to $41.24. Trading volume (2.8 M) eclipsed its 50-day average volume of 2.0 M.