U.S. stocks opened higher, with the Dow Jones Industrial Average up 0.5%, the S&P 500 up 0.65%, and the Nasdaq Composite up 0.95%. Alibaba (BABA.N) rose over 4% after announcing plans to IPO its AI chip manufacturing division, "Pingtouge." Procter &

2026-01-22

U.S. stocks opened higher, with the Dow Jones Industrial Average up 0.5%, the S&P 500 up 0.65%, and the Nasdaq Composite up 0.95%. Alibaba (BABA.N) rose over 4% after announcing plans to IPO its AI chip manufacturing division, "Pingtouge." Procter & Gamble (PG.N) rose 1.8%, while Abbott Laboratories (ABT.N) fell over 10% after significant declines in both revenue and net profit.