Shares of Exxon Mobil Corp. XOM, +0.44% inched 0.44% higher to $98.43 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX, -0.33% falling 0.33% to 3,577.03 and Dow Jones Industrial Average DJIA, -0.10% falling 0.10% to 29,210.85. The stock’s rise snapped a three-day losing streak. Exxon Mobil Corp. closed $7.14 short of its 52-week high ($105.57), which the company achieved on June 8th.
The stock outperformed some of its competitors Wednesday, as Chevron Corp. CVX, +0.30% rose 0.30% to $157.64. Trading volume (12.6 M) remained 7.1 million below its 50-day average volume of 19.7 M.