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Business News by Yahoo Finance

  • Here comes the bear
    Some of the headlines circulating on Monday included the chief investment officer who oversees $240 billion at Guggenheim Partners warning that the Nasdaq Composite Index could slide an additional 13 percent.
  • Wall Street extends losses in broad selloff
    The Nasdaq led losses for a second straight session, weighed down by Facebook, Amazon and other stocks that had lent strength to the market last year. "When you see selling this broad and nondiscriminant, when everything is being sold, it tends to end when it just exhausts everyone who?s worried," said Rick Meckler, president of LibertyView Capital Management in Jersey City, New Jersey. The losses followed a similar drop in European bank shares.
  • Tech stock collapse sure looks like bubble popping
    Analysts and onlookers said there was no bubble in tech stocks last year, but how can they explain the current carnage?

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