Shares of Loews Corp. /zigman2/quotes/208734362/composite L +0.10% slid 1.06% to $53.08 Friday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX -0.11% falling 0.91% to 4,432.99 and Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +0.21% falling 0.48% to 34,584.88. This was the stock's second consecutive day of losses. Loews Corp. closed $6.31 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 +1.01% fell 0.33% to $180.55, Progressive Corp. /zigman2/quotes/202480455/composite PGR +1.05% fell 0.41% to $92.61, and Travelers Cos. Inc. /zigman2/quotes/206313935/composite TRV +1.36% fell 0.24% to $156.29. Trading volume (5.6 M) eclipsed its 50-day average volume of 806,365.