Negative numbers dominate Huntsville and Alabama Stock Report

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Stocks have fallen the past three months as investors face the reality of higher interest rates.

Amazon and U.S. Steel had respectable gains on Friday but that was about all that was positive on our Huntsville and Alabama Stock Report.

The highlight of the day was the 12.2% drop from Community Health Systems to fall to $2.09, 11 cents above a 52-week low.As for those top gainers, Amazon rose 6.8% and U.S. Steel picked up 3.1%. Overall, stocks stumbled on Wall Street, bringing the S&P 500 10% below the peak it reached in July and putting the benchmark index into what’s called a “correction.”

The S&P 500 fell 0.5%, or 19.86 points, to close at 4,117.37 Friday and is now 10.3% below its July 31 high of 4,588.96. That marks its 10th loss in the last 12 days. If you purchase a product or register for an account through a link on our site, we may receive compensation.and agree that your clicks, interactions, and personal information may be collected, recorded, and/or stored by us and social media and other third-party partners in accordance with our

 

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