SCOREBOARD: Hard drive

Wall Street rebounded strongly following Dell's delisting, while Europe saw modest gains.

What a difference a day makes – in the US at least. Stocks on Wall Street rebounded sharply last night, largely offsetting the losses of the previous session. There really wasn’t much news to drive it though, maybe a correction from the panic that prevailed before. Being cited for the gain was Dell’s decision to go private and delist from the Nasdaq, plus a non-manufacturing ISM report that, while weaker, wasn’t as weak as expected. Specifically, the non-manufacturing ISM slipped to 55.2 in January from 55.7 (with an expectation of 55).


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