Text size Shares in Alibaba and other Chinese companies have come under intense pressure recently. Greg Baker/AFP via Getty Images Shares in some of China’s largest companies notched eye-watering gains on Wednesday after news that the government would support the stock market, boost economic growth, and clear up a punishing […]
Alibaba
Text size Fed chair Powell spooked markets on Monday. Win McNamee/Getty Images Stocks burst higher Tuesday, brushing off hawkish comments from Fed Chair Jerome Powell and a continued rise in bond yields. The Dow Jones Industrial Average gained 254 points, or 0.7%, while the S&P 500 popped 1.1% and the […]
Text size Alibaba has taken investors on a wild ride in 2021. David Becker/Getty Images After hitting a yearly low earlier this month, Alibaba stock is now on track to hit a new rock bottom before 2021 is done. The embattled Chinese technology giant entered this year with a stock […]