Outpacing the broader markets, shares of most Chattanooga area publicly traded companies rose in the first quarter of 2015.
Trucking company Covenant Transportation Group and floor-covering maker Mohawk Industries led the local companies with shares up about 22 percent and 19 percent, respectively.
The market indexes were up barely in the first quarter, with the Dow plunging 200 points on Tuesday.
Jim Campbell, managing partner of Campbell Asset Management in Chattanooga, said the markets likely are anticipating either a June or September interest rate hike by the Federal Reserve Board.
Astec IndustriesLocal stocks in 1st quarter
Company, March 31 closing and percent change from Dec. 31, 2014: * Covenant Transportation: $33.16, up 22.3 percent * Mohawk Industries: $185.75, up 19.5 percent * Miller Industries: $24.50, up 17.8 percent * Astec Industries: $42.88, up 9 percent * First Security Group: $2.40, up 6.1 percent * CBL: $19.80, up 1.9 percent * Cornerstone Bancshares: $3.32, up less than 1 percent * Dixie Group: $9.05, down 1.3 percent * Unum Group: $33.75, down 3.2 percent * S&P: 2,067.89, up less than 1 percent * Dow Jones: 17,776.12, down less than 1 percent Source: NYSE, NASDAQ