The Nasdaq leads a rebound in a powerful turn
<p>The Nasdaq has stormed back and is now trading up 0.5% after earlier touching the lowest since June. It's an unexpected turnaround given that Treasury yields have barely budged from the highs.</p><p>We're dealing in some turbulent waters at the moment as quarter-end flows dominate. You would think that would lead to stock selling and bond buying on rebalancing but that might be overwhelmed by window dressing.</p><p>In terms of names, Google is one of the stronger ones up 1.5%.</p>
This article was written by Adam Button at www.forexlive.com.
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