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The Wrap: Markets Up, Including SBUX & BABA

Markets close higher following with the tech-heavy Nasdaq-100 (NDX) leading the way. Also, gold traded slightly lower after a big downward move yesterday and bitcoin was up almost 4%. In terms of energy, natural gas was up, and crude oil finished in the red. Alex Coffey weighs in on Starbucks finishing up over 5% and Alibaba (BABA) being up almost 37%. China stocks rallied after calling for closure on the tech crackdown. Finally, FOMC raised rates for the first time since 2018.

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