Business
Shares of Alibaba and JD.com are rising. Don’t be thankful for singles day sales results.
Alibaba
JD.com
Stocks rose on Monday, but the price action did not appear to be driven by sales results from the closely watched annual Singles Day event.
Alibaba
(ticker: BABA) rallied 2.5% in US crypto trading, with shares in peer-to-peer e-commerce
JD.com
(JD) rose 3.5%, beating futures that track both
S&P 500
Nasdaq