Stocks bounce back...somewhat

From cnn.com

In the end the Nasdaq finished up 0.60%, while the Dow and S&P 500 closed just shy of 1% gains. All three indexes are still down for the year. "It looked like at the end of the day institutional investors were waiting to see if the rally fell apart but the Dow and S&P stayed positive. When they saw that, the Nasdaq closed with a gain," said Sam Stovall, chief equity analyst at S&P Capital IQ. Much of the recent choppiness in the markets has been driven by so called "momentum stocks", the tech and biotech companies that had an incredible run in the past year, but have fallen sharply in recent days. Related: Investors ... (full story)