Tenet Healthcare Corp. tops among stocks with Birmingham ties

As U.S. stocks rose following a surprisingly encouraging update on inflation and a reassurance that the Federal Reserve still sees a cut to interest rates as likely this year, local stocks followed suit.

Most of the stocks on our list saw themselves as gainers, led by Tenet Healthcare Corp., which was one of three stocks on our list to increase more than 3%. Tenet Healthcare Corp., was up $4.98 to close at $140.75, setting a new 52-week high.

Only four stocks on our list were down more than 1%, and of those, the biggest loser was Medical Properties Trust Inc. (1.8%).