Yahoo shares are down since Alibaba's IPO, and one pro thinks the tech giant's stock is a bargain that should be bought.» Read More
eBay rose$. 27 or. 5 percent, to $52.74. Groupon Inc. fell$. 10 or 1.5 percent, to $6.70. LinkedIn Corp. fell$. 68 or. 3 percent, to $206.21.
NEW YORK, Sept 23- U.S. stocks were modestly lower on Tuesday, with the S&P 500 on track for its third straight daily decline as investors digested signs of slowing global growth. Wall Street's losses tracked Europe, which was down after data showed a contraction in French business activity and slower growth in German manufacturing this month.
Apple Inc. rose 1.6 percent to $102.64 with 61,668,300 shares traded. BlackBerry Ltd. fell 3.4 percent to $10.56 with 21,150,700 shares traded. Cisco Systems Inc. fell 1.1 percent to $24.70 with 18,139,300 shares traded.
The United States and Arab allies bombed Syria for the first time on Tuesday, killing scores of Islamic State fighters and members of a separate al Qaeda- linked group, opening a new front against militants by joining Syria's three-year-old civil war. AbbVie has agreed to a deal to acquire Shire, which fell 1.9 percent to $251.38 in New York.
NEW YORK, Sept 23- U.S. stocks were little changed on Tuesday, as conflict in the Middle East intensified to push the energy sector higher, offsetting declines in the healthcare space after the U.S.
eBay rose$. 07 or. 1 percent, to $52.54. Groupon Inc. fell$. 05 or. 7 percent, to $6.75. LinkedIn Corp. rose $2.36 or 1.1 percent, to $209.25.
eBay rose$. 07 or. 1 percent, to $52.47. Groupon Inc. fell$. 17 or 2.4 percent, to $6.80. LinkedIn Corp. fell $4.28 or 2.0 percent, to $206.89.
NEW YORK— Hundreds of corporations, insurance companies and pension funds are calling on world leaders gathering for a U.N. summit on climate change this week to attack the problem by making it more costly for businesses and ordinary people to pollute.
NEW YORK— Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and the Nasdaq Stock Market:. The Clorox Co. up $6.66 to $97.23. AutoZone Inc. down $21.06 to $505.38.
Stocks fell Monday, retreating from record levels, as China signaled it would not boost stimulus.
SAN FRANCISCO— Yahoo may be losing some appeal on Wall Street now that U.S. investors can buy directly into Alibaba. The sell-off came even though Yahoo reaped more than $9 billion last week from selling some of its stake in Alibaba, as the Chinese e-commerce company held a record-setting initial public offering of stock.
NEW YORK— Shares of Chinese e-commerce powerhouse Alibaba Group Holding Ltd. slipped 4 percent during its second day of trading as some investors took profits and the broader market trended lower. Still, the stock price was still well above the $68 price tag set before Alibaba's IPO on Friday.
eBay fell$. 33 or. 6 percent, to $52.07. Groupon Inc. fell$. 12 or 1.6 percent, to $6.86. LinkedIn Corp. fell $5.61 or 2.7 percent, to $205.56.
Apple Inc. rose. 1 percent to $101.06 with 50,126,900 shares traded. ChinaNet Online Holdings Inc. rose 62.8 percent to $3.19 with 36,915,600 shares traded. Cisco Systems Inc. fell. 9 percent to $24.97 with 20,807,700 shares traded.
Recent data in China has been disappointing, leading many analysts to lower their growth forecasts and hope for more aggressive accommodations from the government. In remarks on Sunday, Finance Minister Lou Jiwei said China wouldn't dramatically alter its economic policy because of any one economic indicator.
Some of Monday's midday movers:
Recent data in China has been weak, leading many analysts to lower their growth forecasts and hope for more aggressive accommodations from the government. In remarks on Sunday, Finance Minister Lou Jiwei said China wouldn't dramatically alter its economic policy because of any one economic indicator.
Alibaba Group has reportedly sold additional shares of the company, making the listing of the Chinese e-commerce firm the biggest in history.
It's going to be very hard to compete with Alibaba, and it is skipping the notion of shopping malls, says Roger McNamee, Elevation Partners co-founder. And Jon Steinberg, Daily Mail North America CEO, says Alibaba shares are cheap right now.
eBay fell$. 15 or. 3 percent, to $52.25. Groupon Inc. fell$. 05 or. 7 percent, to $6.92. LinkedIn Corp. fell $1.62 or. 8 percent, to $209.55.