Huntsville-area stocks bring the gains
Big gains highlighted a Huntsville and Alabama Stock Report on Thursday that saw only one stock in the negative, and that 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: Regions (+6.1%), Constellium (+6%), Adtran (+4.3%) and Carpenter Technology (+4.3%).
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.