While you were sleeping Rebound in Nasdaq

Tue, 08 Apr 2014

By Margreet Dietz April 9 (BusinessDesk) – Wall Street gained, following a three-day slump, as investors found value in the same stocks that had been sold off recently. Shares of Yahoo! rose 4 percent, Google added 3.1 percent, while Facebook gained 2.3 percent, rebounding from slides in recent days amid concern over lofty valuations. “A lot of these growth stocks had been taken down 10 to 20 percent, but usually that loss finds a bottom,” Mark Luschini, chief investment strategist at Philadelphia-based Janney Montgomery Scott, told Bloomber...

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