Mobile and Alabama Stock Report shows strong gains
All but three stocks posted gains on our Mobile and Alabama Stock Report on Tuesday, while seven had gains of at least 1.5%.
WestRock, the Atlanta-based corrugated packaging company, led the way at 2.7%. The second-largest American packaging company has eight sites across the state, including Huntsville, Athens, Stevenson and Cullman in north Alabama and Eutaw, Lanett, Demopolis and Montgomery in central Alabama.
Boeing followed with a 2.6% gain and Enviva ticked up 2.2%.
ArcelorMittal (2.1%), Synovus (1.7%), U.S. Steel (1.6%) and International Paper (1.5%) rounded out the top gainers.
Overall, stocks climbed Tuesday as Wall Street prepared for an upcoming update on inflation that will hopefully show a smaller increase in pain for everyone.
The S&P 500 rose 29.73, or 0.7%, to 4,439.26. The Dow Jones Industrial Average gained 317.02 points, or 0.9%, to 34,261.42, and the Nasdaq composite added 75.22, or 0.5%, to 13,760.70.