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Tech Bounces Back, Boosts Market

Tech Bounces Back, Boosts Market (Bloomberg)

Stocks continued to recover from last week’s losses, today aided by a resurgence in volatile tech stocks. “Stocks are having meaningful moves in both directions because people are nervous on both sides,” Michael James, a Los Angeles-based managing director of equity trading at Wedbush Securities Inc., said. “Subjectivity plays such a pivotal role, and emotions, in what’s been going on in this market that it’s hard to pinpoint what causes a turn in the direction.”

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