Shares of Loews Corp. /zigman2/quotes/208734362/composite L +0.85% slid 2.00% to $53.49 Friday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX +0.34% falling 0.77% to 4,458.58 and Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +0.39% falling 0.78% to 34,607.72. This was the stock's second consecutive day of losses. Loews Corp. closed $5.90 below its 52-week high ($59.39), which the company reached on May 10th.
The stock underperformed when compared to some of its competitors Friday, as Chubb Ltd. /zigman2/quotes/209397502/composite CB +1.62% fell 0.46% to $180.24, Progressive Corp. /zigman2/quotes/202480455/composite PGR +1.85% fell 0.11% to $93.12, and Travelers Cos. Inc. /zigman2/quotes/206313935/composite TRV +1.91% fell 1.01% to $156.36. Trading volume (996,598) eclipsed its 50-day average volume of 793,965.