Stock Markets Soar Into September's End; Duke Disses NextEra Deal, While Alibaba Sees Green in the Cloud
September hasn't been a great month on Wall Street, but market participants weren't willing to give up without a fight. Investors have gotten excited about companies making deals to merge, but this morning, news that Duke Energy (NYSE: DUK) didn't want to do a deal was enough to make the utility stock soar. Meanwhile, Alibaba Group Holding (NYSE: BABA) was higher as its cloud business nears a key milestone.
