This Birmingham-based bank leads local, state stock report
Decliners narrowly overshadowed gainers but our Birmingham and Alabama Stock Report wasn’t without some bright spots on Thursday.
Birmingham-based ServisFirst led the gainers at 2.7%.
Other local notables on the plus side included U.S. Steel (1.2%), Vulcan Materials (.9%) and Medical Properties Trust (.8%).
On the downside, Community Health Systems led the decliners at -3.8%.
Overall, Wall Street drifted to a quiet close Thursday as pressure from the bond market remained high due to worries about a too-hot U.S. job market.
The S&P 500 slipped 5.56, or 0.1%, to 4,258.19, a day before a highly anticipated report on the job market that could sway the Federal Reserve’s view on interest rates. The Dow Jones Industrial Average edged down by 9.98 points, or less than 0.1%, to 33,119.57. The Nasdaq composite dipped 16.18, or 0.1%, to 13,219.83.