Updated from 12:21 p.m. EDT
Stocks traded mixed Monday as blue chips made a modest recovery from the previous session's giant selloff, even as tech shares remained stuck in the red.
The Dow Jones Industrial Average jumped 89 points, or 0.7%, to 12,299, and the S&P 500 was adding 5 points, or 0.4%, to 1366. The Nasdaq Composite gave up 17 points, or 0.7%, to 2458 as big tech names Cisco (CSCO Quote), Apple (AAPL Quote) and Google (GOOG Quote) saw weakness.
"Considering what happened last week, I have to say that this is a pretty poor bounce-back," said Phillip Roth, chief technical market analyst with Miller Tabak. Referring to a longer-term rebound in equities over the past three months, he added, "The bear market rally looks over." ...
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