Stock Futures Higher as Scotland Votes Down Independence, Alibaba's (BABA) IPO Prices

Stock futures are higher Friday after Scotland voted to rejected independence from the U.K. and ahead of the highly-anticipated Alibaba (NYSE: BABA) IPO, which priced at $68.

Dow futures are up 78, S&P 500 futures are up 7 and Nasdaq futures are up 16.

Overnight, results showed 55% of Scottish voters rejecting independence from the U.K. while 45% favored it. "To those in Scotland skeptical of the constitutional promises that were made let me say this - we have delivered on devolution under this government and we will do so again in the next parliament," British Prime Minister David Cameron said. "The three pro-union parties have made clear commitments on further powers for the Scottish parliament—we will ensure that those commitments are honored in full."

Meanwhile, Alibaba (NYSE: BABA) priced its highly-anticipated IPO at $68 per share, the high end of the recently revised range. Shares will open today on the NYSE.

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