Huntsville stocks see positive gains
A handful of stocks with Huntsville-area interests had positive days on Wall Street on Monday.
Community Health Systems — the Franklin, Tennessee-based company with six locations in Alabama: Birmingham, Dothan, Enterprise, Foley, Gadsden and Huntsville — led the pack with a 3.4% gain.
Carpenter Technology Corporation was up 2%. It is a leading producer and distributor of premium specialty alloys, including titanium alloys, powder metals, stainless steels, alloy steels, and tool steels. The Philadelphia-based company has a major campus in Athens, Alabama, which is home to an advanced additive manufacturing facility and a research and development center.
Elsewhere, Sanmina Corporation rose 1.4%, while Hexcel saw a 1.3% boost.
Overall, stocks ticked higher on Wall Street Monday ahead of a week with updates on where inflation and corporate profits are heading.
The S&P 500 rose 10.58, or 0.2%, to 4,409.53, coming off just its second losing week in the last eight. The Dow Jones Industrial Average climbed 209.52, or 0.6%, to 33,944.40, and the Nasdaq composite added 24.77, or 0.2%, to 13,685.48.