This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Adobe Inc. rallied 2.9% to $239.94 on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.3% to 7,651.54 and Dow Jones Industrial Average falling 0.9% to 50,906.05.

This was the stock's second consecutive day of gains.

Adobe Inc. closed 34.0% short of its 52-week high of $363.70, which the company achieved on October 28th.

The stock outperformed some of its peers, as Apple Inc. rose 1.1% to $333.02, Microsoft Corp. rose 0.8% to $512.90, and Alphabet Inc. Cl C rose 1.01% to $340.74.

Trading volume totaled 4.3 million, compared to the 50-day average of 5.1 million.

Data source: Dow Jones Market Data, FactSet