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Japanese stocks bounced back Tuesday Morning recovering from a historic slump the day before the Nick index was up around 9% by late morning clawing back much of the 12.4% it shared on Monday European and US markets had also Fallen that day but sentiment started to recover after officials at the Federal Reserve said they would work to stop a downturn Monday data on the US service sector also showed signs of a rebound that eased Jitters that had been sparked by worse than expected economic data out last week and some underwhelming cor earnings Wells Fargo strategist Scott Ren says Tech shares were due a correction but the economic worries are overblown stocks that were uh certainly in technology and communication Services sectors uh they were highly overvalued in our opinion so I think youamp;#39;re just coming back to some more reasonal reasonable valuations um I think that what youamp;#39;re going to see in coming weeks is data whether itamp;#39;s earnings uh whether itamp;#39;s e
