The Nasdaq and S&P indices are trading near the day (see chart below showing the price and % change ranges for each of the major indices). The Dow is off the low and trading near Friday closing levels at 10:08 AM ET. In Europe, the major indices are also lower with the French CAC index trading down the most and near it’s lows for the day. The German Dax is virtually in a dead heat vs. the close from Friday.
Get used to the word “Alibaba” as it’s IPO price will be set on Thursday with the stock opening in NY on Friday . The hype is in full force.
European and US Stock indices are lower on the day.
