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Dow Jones: Rose 0.08% After Investors Applaud Alibaba's IPO

Published 09/22/2014, 03:23 AM
Updated 04/25/2018, 04:40 AM

Dow Jones

At the close of U.S. trading, the Dow 30 rose 0.08%.stocks rose on Friday after investors applauded Chinese e-commerce giant Alibaba (NYSE:BABA)'s initial public offering as well as Scotland's decision to stay in the U.K., though profit taking trimmed gains later in the session. U.S. stocks mixed on Alibaba IPO, Scotland vote; Dow rises 0.08% Stocks end mixed after applauding Alibaba IPO, Scotland vote to stay in U.K. The session saw a quarterly event known as quadruple witching, when futures and options contracts on indexes as well as individual stocks expire, which boosted volume and volatility. Technology stocks fell as investors sold to invest in Alibaba, which pushed indices down.

Dow Jones Chart

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