US stocks market climb on Alibaba’s $50B AI investment, Nasdaq, Dow, S&P 500, investors watch Fed reports and global market moves
US stocks went up as Alibaba planned more spending on artificial intelligence, helping tech stocks recover. Investors are watching the Federal Reserve for possible interest rate cuts and key reports like inflation and home sales. Chinese tech stocks and Lithium Americas also rose. Global markets reacted to Trumps comments on the Russia-Ukraine war, boosting European defense shares.
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