The asset with the greatest prowess of late has been the U.S. dollar, and if its rally continues, it threatens to eat into the earnings of multinational companies.
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The highly anticipated debut of Alibaba Group Holding Ltd (IPO-BABA.N), the Chinese e-commerce group, will come amid the busiest year for initial public offerings since the technology bubble burst in 2000.
U.S. stocks ended higher on Monday, extending the rally from Friday as investors hoped that Russia's move to send humanitarian aid to Ukraine would ease tensions between the two countries.
