Shares of Illinois Tool Works Inc. /zigman2/quotes/208031922/composite ITW -1.50% shed 0.94% to $241.76 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX -1.04% rising 0.23% to 4,701.46 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -0.38% falling 0.03% to 35,804.38. The stock's fall snapped a three-day winning streak. Illinois Tool Works Inc. closed $2.69 short of its 52-week high ($244.45), which the company reached on November 23rd.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as 3M Co. /zigman2/quotes/205029460/composite MMM -2.31% fell 1.02% to $177.63, Parker Hannifin Corp. /zigman2/quotes/202924304/composite PH +3.72% fell 1.21% to $325.04, and Stanley Black & Decker Inc. /zigman2/quotes/206369278/composite SWK -2.17% rose 0.11% to $189.70. Trading volume (881,131) remained 61,186 below its 50-day average volume of 942,317.