Markets Rally as Congress Reaches a Debt Deal, and BABA Posts 5th Best Day Ever Description:

The S&P posted its third straight day of gains and closed at its highest level of the month after Congress reached a deal on the debt ceiling. But with rates rising as well, where are markets going from here? Meanwhile, Alibaba jumped more than 8% for its best day since April and its fifth best day on record. We break down the big bet that drove the rally.