November 09, 2012 at 12:36 PM EST
The Nasdaq Now: Groupon Plunges as Overall Worry About New-School Internet Companies Rises
MINYANVILLE ORIGINAL The good news is that US equities stopped their two-day hemorrhaging and are instead in the green in mid-Friday trading. The bad? With fiscal cliff-related uncertainty still heavy in the air today’s recovery might be short-lived. The day’s slight increase was "a little bit of a realization the selloff is overdone but it doesn't mean it won't continue " John Manley chief equity strategist for Wells Fargo Advantage Funds told Reuters.   "Fiscal cliff concerns do not seem to have abated in the U.S. in spite of conciliatory comments from both sides in recent days. We hear ...
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