Declines highlight Huntsville and Alabama Stock Report
The S&P 500 extended its winning streak to eight days on Wednesday but our Huntsville and Alabama Stock Report wasn’t quite so fortunate.
Only nine stocks saw gains, led by Sanmina at +4.2%.
Toyota footed the table at -3.2%. Huntsville-based Adtran lost 2%.
Overall, U.S. stocks were largely stuck in place Wednesday as Wall Street continues to recalibrate following its sharp recent swings.
The S&P 500 edged up by 4.40 points, or 0.1%, to 4,382.78 for a third straight day of quiet, mixed trading. Its movements have become much calmer after the index screamed to its best week of the year last week, which itself came after months of painful losses.
Though the gain was slight, it was enough to extend the index’s winning streak to eight days. That ties its longest such winning streak since a nine-day run 19 years ago.