S&P 500, Nasdaq notch biggest weekly losses since March

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., August 15, 2023. REUTERS/Brendan McDermid Acquire Licensing Rights

Summary

Companies Ford up on Reuters report UAW has made progress in labor talks

Alibaba jumps on report of Cainiao Hong Kong IPO

U.S.-listed…

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