Birmingham and Alabama Stock Report full of banking declines
Several banks took big hits Monday on our Birmingham and Alabama Stock Report.
Five of the seven biggest losses were banks: ServisFirst (5.1%), Regions (5%), Synovus (3.6%), PNC (3.2%) and Southern States (2.1%).
Medical Properties Trust was in that mix, too, dropping 3.4%.
On the plus side, Vulcan Materials gained .9% and ProAssurance rose .7%.
Overall, Wall Street ticked lower Tuesday ahead of two potentially market-shaking events later in the week.
The S&P 500 slipped 12.22, or 0.3%, to 4,387.55 to give back some of its rare August gain from a day before, which was powered by Big Tech stocks. The Dow Jones Industrial Average fell 174.86 points, or 0.5%, to 34,288.83, and the Nasdaq composite edged up by 8.28, or 0.1%, to 13,505.87.