Stock futures were trading lower Monday as recession fears remained at the forefront of investors’ minds as a new trading month begins. Alibaba (ticker: BABA) gained 1.7% as investor sentiment improved after the Chinese tech giant released a statement in response to the possibility of being delisted by the Securities and Exchange Commission. The company said that it will “strive to maintain its listing status on both the NYSE and the Hong Kong Stock Exchange.”
Alibaba, Boeing, NIO and More Stock Market Movers Monday (yahoo.com)
