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MarketWatch: trending stocks, bonds and more!

The major U.S. stock averages were in positive territory in midday trading on Wednesday!

Here’s are the latest fluctuations as S&P 500: +1.2%, Dow industrials: +0.8%,Nasdaq Composite: +1.1%

Tweet on trending stocks

FactSet Chart on trending stocks

Today’s trending stocks are:

Alibaba: The Chinese e-commerce company’s American depositary receipts rose nearly 7% premarket, after its Hong Kong-listed shares jumped 8.7%. Regulators recently approved a $1.5 billion capital raise by a consumer-lending unit of Ant Group, an Alibaba affiliate.

Tesla: Shares in Elon Musk’s electric-vehicle maker were up about 1.2% premarket. Tesla stock had fallen 12% Tuesday, the largest drop in more than two years, after it reported disappointing quarterly delivery figures.

GE Healthcare Technologies: The healthcare spinoff of General Electric is set to start trading Wednesday. The stock has already been trading on a “when-issued” basis.

Apple: The tech giant’s market capitalization fell below $2 trillion on Tuesday for the first time since March 2021. Apple stock rose about 1% ahead of the opening bell Wednesday.

Salesforce: The company said it plans to lay off 10% of staff and cut office space in certain markets. Salesforce stock gained more than 4% in premarket trading.


Image:Wall Street