Shares of Cummins Inc. CMI, +2.42% rose 2.42% to $196.19 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX, +2.45% rising 2.45% to 3,764.79 and the Dow Jones Industrial Average DJIA, +2.15% rising 2.15% to 30,530.25. This was the stock’s second consecutive day of gains. Cummins Inc. closed $51.29 below its 52-week high ($247.48), which the company reached on November 1st.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Caterpillar Inc. CAT, +1.94% rose 1.94% to $196.37, General Electric Co. GE, -0.38% fell 0.38% to $65.75, and Paccar Inc. PCAR, +3.16% rose 3.16% to $84.51. Trading volume (726,937) remained 238,162 below its 50-day average volume of 965,099.