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Buy the bounce? Investors watch valuations, technical levels to decide

The tech-heavy Nasdaq Composite Index closed up 1.4% on Tuesday, a day after falling more than 10% from its Nov. 19 record close during intraday trading before rallying at the end of the session

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UBS expects the broad market to rise, with a year-end price target of 5100 on the S&P 500, some 8.2% above where it closed Tuesday

Reuters New York
As stocks attempt to climb back from a brutal sell-off, investors are watching a variety of metrics to decide whether to buy the rally or brace for more declines.
 
The tech-heavy Nasdaq Composite Index closed up 1.4% on Tuesday, a day after falling more than 10% from its Nov. 19 record close during intraday trading before rallying at the end of the session.
 
Yields on the benchmark 10-year U.S. Treasury have risen by 20 basis points this month in anticipation of a more hawkish Federal Reserve and stand near their highest level since January 2020. Growth and tech stocks can

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