Losers outnumber winners on local index Friday, even as Wall Street inched higher

Honda led a mixed day of trading Friday among stocks of local interest in Mobile, reaching its 52-week high of $30.74 per share, a 2.4 percent increase on the day.

© Joe Songer | jsonger@al.com/al.com/TNS
Honda logo on a new 2018 Odyssey minivan. Shares in the automaker with assembly operations in Alabama reached a 52-week high on Friday. (

The news wasn’t as good for retailer Target, whose shares fell 3.3 percent to close at $126.99, which puts its near its 52-week low.

Losers outnumbered winners on our local index Friday, even as Wall Street inched higher on the day.

The S&P 500 rose 4.93, or 0.1%, to 4,298.86 to cap its fourth straight winning week.

The Dow Jones Industrial Average added 43.17, or 0.1%, to 33,876.78, and the Nasdaq composite gained 20.62, or 0.2%, to 13,259.14.

Tesla was at the front of the market, rallying 4.1% after announcing General Motors electric vehicles will be able to use much of its extensive charging network beginning early next year.

Energy stocks fell, along with the price of crude oil.

©2023 Advance Local Media LLC. Visit al.com. Distributed by Tribune Content Agency, LLC.

Continue Reading