Shares of Marsh & McLennan Cos. /zigman2/quotes/208419097/composite MMC +2.67% shed 1.05% to $158.81 Wednesday, 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 +3.09% rising 0.34% to 3,946.01 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +2.18% rising 0.10% to 31,135.09. This was the stock's second consecutive day of losses. Marsh & McLennan Cos. closed $24.33 short of its 52-week high ($183.14), which the company reached on April 21st.
The stock underperformed when compared to some of its competitors Wednesday, as Prudential PLC /zigman2/quotes/203597575/delayed PUKPF +2.18% rose 2.73% to $10.97, Willis Towers Watson PLC /zigman2/quotes/202694274/composite WTW +3.21% rose 0.34% to $207.00, and Arthur J. Gallagher & Co. /zigman2/quotes/202575509/composite AJG +1.76% rose 0.16% to $185.10. Trading volume (2.0 M) eclipsed its 50-day average volume of 1.7 M.