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Markets Rebound on Earnings as Emerging Market Woes Subside

Jane Searle
1/30/14 4:46 PM EST
U.S. markets rebounded on strong earnings from companies such as Facebook and Alexion, appearing to justify the Fed Reserve's decision to taper its stimulus program yesterday. Emerging market volatility has taken a breather after some central banks moved to stabilize their currencies, though some fund managers warn the respite is temporary. Economic growth data at 3.2% was within expectations though jobless claims and housing demand was mixed, reports showed. TheStreet's Jane Searle speaks with Mark Newton of Greywolf Execution the NYSE.
Stocks in this video: DJIGSPCIXIC

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