Alibaba (BABA) is trading up 2.45% at $176.96, extending gains amid broad tech sector optimism ahead of major earnings reports and the upcoming Fed decision.
- The stock's upward trajectory mirrors the broader market, tracking the NASDAQ's +0.52% gain.
- Overall US markets are mixed (S&P 500 up 0.24%, Dow down -0.04%), with tech resilience offsetting concerns regarding the recent consumer confidence plunge.