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Stock market today: Nasdaq, Dow, S&P 500 rise as Alibaba spreads AI cheer
Yahoo Finance·2025-09-23 23:03

US stocks rose on Wednesday, eyeing a return to their record-setting run as Alibaba's (BABA) spending plans lifted hopes for a continuation of the AI-fueled tech rally. The tech-heavy Nasdaq Composite (^IXIC) and the Dow Jones Industrial Average (^DJI) moved up nearly 0.3%, while the S&P 500 (^GSPC) nudged around 0.2% higher. Tech stocks are shaping up for a slight comeback, after the major gauges snapped a win streak on Tuesday amid losses for "Magnificent Seven" megacaps. Alibaba stock jumped over 8% ...