Markets rebounded Tuesday to close higher after the S&P 500 shed more than 2% on Monday. Earnings continue to be mixed while factory data for December was better than expected. Federal Reserve Bank President Jeffrey Lacker said he expects to see further reductions in the pace of asset purchases amid a substantial improvement in labor market conditions. Microsoft shares were little changed after the announcement Satya Nadella would be its next boss, replacing Steve Ballmer. Jane Searle speaks with Matt Cheslock from Virtu Financial at the NYSE.
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