Big gains and some losses for Huntsville-area stocks
It was a mixed day on Wall Street on Wednesday but our Huntsville and Alabama Stock Report saw some heavy gainers.
Boeing led the way with an 8.7% pickup. The aircraft maker, which has had a presence in Alabama for decades, reported a smaller loss for the spring than analysts expected, and revenue beat forecasts.
Synovus was not too far behind with a 6% rise, while Constellium lifted 5.2%. Southern States Bancshares was up 3%.
Hexcel dropped .3%. Sanmina was down .7%.
Overall, Stocks held steady Wednesday after the Federal Reserve raised interest rates to their highest level in more than two decades, just as Wall Street expected.
The S&P 500 slipped 0.71, or less than 0.1%, to 4,566.75, remaining near a 15-month high. The Dow Jones Industrial Average rose 82.05 points, or 0.2%, to 35,520.12, and the Nasdaq composite slipped 17.27, or 0.1%, to 14,127.29.