US stock indexes finish mixed on day e-commerce giant Alibaba debuts | iNFOnews | Thompson-Okanagan's News Source
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US stock indexes finish mixed on day e-commerce giant Alibaba debuts

FILE - This Aug. 9, 2011 file photo shows a Wall Street street sign near the New York Stock Exchange, in New York. The British pound jumped and world stock benchmarks rose Friday Sept. 19, 2014 as Scotland voted to stay part of the United Kingdom, avoiding a messy breakup that could have roiled financial markets. (AP Photo/Mark Lennihan, File)

NEW YORK, N.Y. - U.S. stock indexes are ending mixed on a day when the Chinese e-commerce giant Alibaba made its big debut in the market.

The Dow Jones industrial average edged up 13 points, or 0.1 per cent, to close at 17,279 Friday, the third straight day the blue-chip index closed at an all-time high. The Dow is up 1.7 per cent for the week.

The Standard & Poor's 500 index fell less than one point, or 0.1 per cent, to 2,010, but finished the week up 1.3 per cent.

The Nasdaq ended down 13 points, or 0.3 per cent, to 4,579.

Alibaba soared 38 per cent on its first day of trading. The Chinese e-commerce giant rose $25.89 to close at $93.89.

News from © The Associated Press, 2014
The Associated Press

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