Nasdaq Surges Over 1%; Alibaba Shares Gain After Q4 Results
US stocks mixed, Nasdaq up 200 points. Dow down 0.43%, Nasdaq up 0.79%, S&P 500 up 0.27%. Communication services up 1.6%, utilities down 1.4%. Alibaba shares up 6% after reporting mixed Q4 results. Velo3D up 47%, Wix.com down 30%, National Vision down 25%.