Dow Jones Today, Sept. 15, 2014: The Dow Jones Industrial Average was on the rise Monday as markets remain highly anticipative of Chinese e-comm giant Alibaba Holding Group's initial public offering, slated for Friday. Over the weekend, Alibaba executives admitted that the firm chose the New York Stock Exchange as the destination for its U.S.-based listing over the Nasdaq due to concerns about the latter's problems during the IPO of Facebook Inc. (Nasdaq: FB).
With interest in the company's IPO building, it's becoming more likely that this debut could be the largest in market history. Despite the enthusiasm, the tech sector took a hard punch this afternoon. The Nasdaq slipped roughly 1% today, with Tesla Motors Inc. (Nasdaq: TSLA) falling 9% and two iconic digital firms, Facebook and Netflix Inc. (Nasdaq: NFLX), both off nearly 4%.
Here's the scorecard from today's trading session:
Dow: 17,031.14, +43.63 (+0.26%) Nasdaq: 4,518.90, -48.70 (-1.07%) S&P 500: 1,984.13, -1.41 (-0.07%)
Here's a breakdown of the other top stories from the stock market today:
Now our experts share some of the most important investment moves to make based on today's market trading - for Money Morning Members only: