Nasdaq Rises 100 Points; Alibaba Posts Weak Earnings - Alibaba Gr Holding (NYSE:BABA) benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.
Global hedge funds went on a stock-buying spree just ahead of a U.S. jobs report that drove the S&P 500 and Nasdaq to their highest closing levels since early 2022, a Morgan Stanley s prime brokerage note showed.