Global Stocks Recap: Alibaba, Saab, Burberry, GSK
↘️ GSK (GSK): A FDA committee voted against approving GSK's Blenrep drug, a setback for its bid to reintroduce the blood-cancer treatment in the U.S. Shares dropped 4.6% in London.
↗️ Alibaba (BABA): The Chinese-commerce giant rose 2.9% in Hong Kong. Chinese technology stocks got a boost this week from President Trump clearing Nvidia to sell H20 chips in the country, as well as robust GDP data.
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