Markets Rally as Congress Reaches a Debt Deal, and BABA Posts 5th Best Day Ever Description:
Publisher |
CNBC
Media Type |
audio
Categories Via RSS |
Business
Investing
News
Publication Date |
Oct 07, 2021
Episode Duration |
00:43:58
The S&P posted its third straight day of gains and closed at its highest level of the month after Congress reached a deal on the debt ceiling. But with rates rising as well, where are markets going from here? Meanwhile, Alibaba jumped more than 8% for its best day since April and its fifth best day on record. We break down the big bet that drove the rally.

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