Big gains highlight Birmingham and Alabama Stock Report
Big gains highlighted a Birmingham and Alabama Stock Report on Thursday that saw only two stocks in the negative, and one of those was by a mere penny.
Community Health Systems was the big winner, picking up 13%. The Franklin, Tennessee-based company has six locations in Alabama: Birmingham, Dothan, Enterprise, Foley, Gadsden and Huntsville.
Other big gainers: Medical Properties Trust (+11.8%), Regions (+6.1%) and ServisFirst (+4%).
The penny decliner? U.S. Steel.
Overall, Wall Street roared higher again on Thursday with hopes the Federal Reserve may finally be done with its market-rattling hikes to interest rates.
The S&P 500 leaped 1.9% for its fourth straight winning day. It’s already up 4.9% this week and on pace for its best week in nearly a year.