Shares of Lowe's Cos. /zigman2/quotes/205563664/composite LOW -1.56% rallied 2.06% to $250.39 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX -0.97% rising 1.42% to 4,577.10 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -0.96% rising 1.82% to 34,639.79. This was the stock's second consecutive day of gains. Lowe's Cos. closed $6.00 short of its 52-week high ($256.39), which the company achieved on November 22nd.
The stock outperformed some of its competitors Thursday, as Home Depot Inc. /zigman2/quotes/208081807/composite HD -1.92% rose 1.84% to $407.77 and Kingfisher PLC ADR /zigman2/quotes/208537455/composite KGFHY +0.77% rose 1.95% to $8.65. Trading volume (3.7 M) eclipsed its 50-day average volume of 3.1 M.