Shares of Apple Inc. /zigman2/quotes/202934861/composite AAPL +0.75% rose 1.69% to $145.85 Wednesday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index /zigman2/quotes/210598365/realtime COMP +0.50% rising 1.02% to 14,896.85 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +1.09% rising 1.00% to 34,258.32. This was the stock's second consecutive day of gains. Apple Inc. closed $11.41 below its 52-week high ($157.26), which the company achieved on September 7th.
The stock outperformed some of its competitors Wednesday, as Microsoft Corp. /zigman2/quotes/207732364/composite MSFT +0.48% rose 1.28% to $298.58, Alphabet Inc. Cl A /zigman2/quotes/202490156/composite GOOGL +0.15% rose 0.90% to $2,805.67, and International Business Machines Corp. /zigman2/quotes/203856914/composite IBM +0.85% rose 1.25% to $134.63. Trading volume (75.3 M) remained 2.9 million below its 50-day average volume of 78.2 M.