U.S. stocks opened with the Dow Jones up 0.5%, and Alibaba surged over 4% ahead of its planned IPO.
TechFlame
2026-01-22 14:30
TechFlame2026-01-22 14:30
English
TechFlame News, according to Jinshi, U.S. stocks opened with the Dow Jones Industrial Average up 0.5%, the S&P 500 up 0.65%, and the Nasdaq Composite up 0.95%. Alibaba (BABA.N) surged over 4% as the company plans to list its AI chip manufacturing unit, "Pingtouge," via an IPO. Procter & Gamble (PG.N) rose 1.8%, while Abbott (ABT.N) fell more than 10% due to significant declines in both revenue and net profit.