As the majority of our Birmingham and Alabama Stock Report suffered another down day on Thursday, one telecommunications company actually enjoyed its performance.

AT&T Inc. jumped 6.6% on the heels of news that it had boosted its earnings outlook for the year.

The biggest downer of the day came from WestRock at -4.8%. Nineteen stocks ranged from -1.2% to -3%.

Overall, Wall Street fell Thursday as it faces the prospect of a 5% yield on the 10-year Treasury for the first time since 2007.

The S&P 500 lost 36.60 points, or 0.8%, to 4,278.00 following a mixed set of profit reports from Tesla and other influential companies The Dow Jones Industrial Average dropped 250.91, or 0.7%, to 33,414.17, and the Nasdaq composite sank 128.13, or 1%, to 13,186.18.

Stocks felt pressure from the bond market, where rapidly rising yields have been squeezing Wall Street since the summer. The yield on the 10-year Treasury touched 4.99%, up from 4.91% late Wednesday, before paring its gain to 4.98%. As the reference point for much of the financial world, the 10-year yield helps set prices for all kinds of investments and loans.