Shares of Procter & Gamble Co. /zigman2/quotes/202894679/composite PG +0.95% rose 1.79% to $162.60 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 +2.13% rising 0.94% to 4,589.38 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +1.63% rising 0.63% to 35,629.33. The stock's rise snapped a two-day losing streak. Procter & Gamble Co. closed $2.75 below its 52-week high ($165.35), which the company reached on January 21st.
The stock outperformed some of its competitors Wednesday, as Johnson & Johnson /zigman2/quotes/201724570/composite JNJ +0.29% rose 1.11% to $172.77, L'Oreal S.A. ADR /zigman2/quotes/203477983/delayed LRLCY +1.47% rose 0.84% to $86.05, and Estee Lauder Cos. Cl A /zigman2/quotes/200740220/composite EL +2.59% rose 1.32% to $319.17. Trading volume (7.6 M) remained 1.3 million below its 50-day average volume of 8.9 M.