Small gains, small losses for Huntsville-area stocks
It was an unexciting day Monday on our Huntsville and Alabama Stock Report with top to bottom separated by less that 5 percentage points.
GE was the biggest gainer at 2.6%.
Southern States Bancshares rose 1.5%. Headquartered in Anniston, Southern States is a bank-holding company that operates primarily through its wholly owned subsidiary, Southern States Bank. The bank is a full-service community banking institution, which offers an array of deposit, loan and other banking-related products and services to businesses and individuals. The bank operates eight branches in Alabama (Anniston, Auburn, Birmingham, Huntsville, Opelika, Roanoke, Sylacauga and Wedowee) and five in Georgia, along with a loan production office in Atlanta.
Overall, U.S. stocks drifted to a mixed finish Monday as Wall Street’s wild recent moves calmed a bit.
The S&P 500 added 7.64 points, or 0.2%, to 4,365.98, even though the majority of stocks within it and across Wall Street weakened. The index was coming off its best week of the year, which itself came on the heels of several months of sharp losses.
The Dow Jones Industrial Average rose 34.54, or 0.1%, to 34,095.86, and the Nasdaq composite gained 40.50, or 0.3%, to 13,518.78.