Shares of Xylem Inc. /zigman2/quotes/208279712/composite XYL -1.31% advanced 3.25% to $90.20 Monday, 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 -1.79% rising 2.59% to 3,678.43 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -1.40% rising 2.66% to 29,490.89. The stock's rise snapped a two-day losing streak. Xylem Inc. closed $44.09 short of its 52-week high ($134.29), which the company achieved on November 8th.
The stock outperformed some of its competitors Monday, as Thermo Fisher Scientific Inc. /zigman2/quotes/201150432/composite TMO -1.03% rose 3.10% to $522.93, IDEX Corp. /zigman2/quotes/200902545/composite IEX -2.06% rose 2.62% to $205.09, and Graco Inc. /zigman2/quotes/201124844/composite GGG -1.98% rose 2.30% to $61.33. Trading volume (1.0 M) eclipsed its 50-day average volume of 1.0 M.