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Gains abound as Nasdaq hits another all-time high


The arrows were mostly up on Tuesday in our Mobile and Alabama Stock Report, and Wall Street followed suit, with the Nasdaq composite posting another record high.

Community Health Systems had another positive day to lift the gainers on our list by +9%. Enviva was next at +4.6% as it continued its slow climb to $1 per share.

Overall, the S&P 500 rose 0.5%, remaining just shy of its own all-time high. The Dow Jones Industrial Average rose 0.3%. The Nasdaq composite climbed 0.8%.

Several “meme” stocks soared higher, including GameStop and AMC Entertainment, in an echo of the social media-driven frenzy of three years ago.

Treasury yields fell in the bond market after a mixed report on wholesale inflation.

Markets will be even more focused on the government report on consumer price inflation due early Wednesday.

Are we missing a listed local or state-owned company that should be on this list? Submit your suggestions to Lede producer Brent Conklin at [email protected].

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