It’s becoming a common refrain: The negatives overwhelmed our Birmingham and Alabama Stock Report on Thursday. And local companies were right in the middle of the declines.

At the bottom of the table, Warrior Met Coal lost 4.6%. Others losing ground included ProAssurance (-1.9%), U.S. Steel (-1.9%) and Hibbett (-1.7%).

Overall, U.S. stocks slumped after a Federal Reserve official raised the possibility of delivering none of the cuts to interest rates this year that Wall Street has been banking on, if inflation worsens.