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The Chinese e-commerce giant is about to launch what may be the biggest initial public offering ever. Yet anyone who expects to get rich from buying into this high-growth story will be betting against history.
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- Energy sector shows signs of life after selloff10:56 AM ET | Reuters
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- Alibaba options to be listed on ISE on Sept. 29 pending IPO: spokesperson10:50 AM ET | Reuters
- New global plans unveiled to crack down on corporate tax avoidance9:01 AM ET | Reuters
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MORE MARKET NEWS
[BRIEFING.COM] Recent action saw the key indices inch down from their highs, while the Russell 2000 (-0.3%) has slipped to a new session low that represents the lowest level for the small-cap index in more than a month.
Meanwhile, the S&P 500 (+0.2%) continues holding a slim gain with energy (+1.0%) and health care (+0.4%) overshadowing the losses among financials (unch), industrials (-0.1%), and technology (-0.1%).
The top-weighted sector-technology-remains pressured by ... More
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