S&P 500 dips, as healthcare weighs; Dow ends higher
The S&P 500dipped on Tuesday, with declines in healthcare and tech shares countered by energy and financial gains, as investors weighed the latest U.S. economic data for signs of a rebound and rising inflation.The S&P 500 financial sectorhit a record high, while expected growth in fuel demand boosted oil prices and helped lift the energy sector3.9%, its biggest $one$-day gain in nearly four months. The heavyweight tech sectorfell while the healthcare sectorwas dragged down by a weak profit forec
Alibaba stock surged nearly 5% in premarket trading
Alibaba stock surged nearly 5% in premarket trading after its shares closing up 3.4% in Hong Kong.Suspended Ant Group IPO, Jack Ma's disappearance, and regulatory concerns have forced Alibaba’s stock price ~-30% off highs.I believe Alibaba is trading at massive discounts on a relative basis.Future growth runways coupled with discounted buying opportunities could create a valuable investment opportunity.Currently, in a market full of elevated asset prices it can be difficult for investors to find