Stocks gain back some lost ground

Stocks gain back some lost ground
But some market strategists felt Monday's plunge may have gone too far and that stocks were poised to recoup some losses. Analysts at Capital Economics said the sell-off Monday was "overdone" and that stocks will recover over the remainder of the year.
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As Recovery Looks Weak, Stocks Take a Deep Dive
Signs of weakness in the American economy pushed Wall Street to its worst day in an already bad year. The catalyst on Monday was the release of a survey of the manufacturing industry, which fell in January to its lowest level in eight months. Stocks …
Read more on New York Times

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