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Alibaba Soars, Stocks Mostly Down

U.S. markets were mostly down on Friday, following the much anticipated Alibaba IPO, which saw shares of the Chinese e-commerce giant jump over 38% in its first day of trading.  Markets had gained earlier after Scotland’s vote to remain part of the UK alleviated some volatility concerns, but slid lower in afternoon trading.

Wall Street Pares Gains, Alibaba Soars

U.S. equities pared back gains made earlier in the trading day while the Chinese e-commerce giant soared after making its debut on the NYSE.

Street Ticks Higher on Alibaba’s Blockbuster Debut

U.S. equities headed higher as Chinese e-commerce giant Alibaba made its hotly-anticipated public debut on the New York Stock Exchange. Shares opened at $92.70, making it the biggest IPO in history.

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