While you were sleeping: Wall St rebounds

Mon, 14 Aug 2017

By Margreet Dietz Aug. 15 (BusinessDesk) - Wall Street climbed as investors found value in some stocks following last week’s declines. Wall Street's fear gauge—the CBOE Volatility Index or the VIX—dropped 20.3 percent to 12.36 as concern that tensions between the US and North Korea will lead to war eased. "There's still cash on the sidelines looking for an opportunity to buy the dip," Bucky Hellwig, senior vice president at BB&T Wealth Management in Birmingham, Alabama, told Reuters. "And they're in there with both hands today." I...

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