Shares of American Express Co.
rallied 2.15% to $139.89 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index
rising 1.14% to 3,925.43 and the Dow Jones Industrial Average
rising 1.35% to 31,961.86. This was the stock’s fourth consecutive day of gains. American Express Co. hit a new 52-week high, surpassing its previous peak of $138.31, which the company reached on February 23rd.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Visa Inc. Cl A
rose 3.45% to $219.43, Mastercard Inc.
rose 4.82% to $367.32, and JPMorgan Chase & Co.
rose 1.76% to $153.26. Trading volume (4.0 M) eclipsed its 50-day average volume of 3.8 M.