Huntsville stocks end the week with some ups and downs

Huntsville stocks end the week with some ups and downs

Wall Street rallied Friday to get on the positive side but it was a mixed day on our Huntsville and Alabama Stock Report.

Amazon was the biggest gainer at 3.1%.

Synovus and Raytheon rose 2.6% and 2.5%, respectively.

U.S. Steel was at the bottom of the table, falling 1.4%. Adtran dropped 1.3%.

Overall, Wall Street’s rally got back on track Friday following more encouraging profit reports and the latest signal that inflation is loosening its chokehold on the economy.

The S&P 500 rose 1% to its highest close in more than 15 months. The Dow Jones Industrial Average climbed 176 points, or 0.5% after breaking a 13-day winning streak the day before. The Nasdaq composite jumped 1.9% as Big Tech stocks led the market.