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Stocks Rise as Tech Shares Rebound -- 2nd Update


By Michael Wursthorn and Caitlin Ostroff
Technology stocks rebounded Tuesday and treated the Nasdaq Composite to its best session in more than four months, a day after the index slid into correction territory.
Investors appeared to bargain-hunt, pouncing on stocks that had been beaten down over the past several weeks. Shares of Tesla, Roku and Square all rose by double-digit percentages, while tech s heavyweights, Apple, Amazon.com and Facebook, each added more than 3%.
At the same time, a selloff in government bonds paused for the first time in five sessions. The yield on the 10-year Treasurys ticked lower to 1.545% on Tuesday. It had ended the previous day at 1.594%, the highest level in more than a year. ....

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Pound Strengthens Ahead Of U.K. Composite PMI

BRUSSELS (dpa-AFX) - At 4.30 am ET Wednesday, UK final composite PMI data is due. The composite index is forecast to rise to 49.8 in February from 41.2 in January. Ahead of the data, the pound ....

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