Shares of Marsh & McLennan Cos. MMC inched 0.38% higher to $127.44 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX rising 0.36% to 4,185.47 and the Dow Jones Industrial Average DJIA rising 0.48% to 34,200.67. This was the stock's second consecutive day of gains. Marsh & McLennan Cos. hit a new 52-week high, surpassing its previous peak of $127.13, which the company achieved on April 15th.
The stock underperformed when compared to some of its competitors Friday, as Prudential PLC PUKPF rose 0.58% to $21.60, Willis Towers Watson PLC WLTW rose 1.02% to $240.40, and Arthur J. Gallagher & Co. AJG rose 1.29% to $136.80. Trading volume (2.2 M) eclipsed its 50-day average volume of 1.7 M.