U.S. markets closed lower after a volatile day that saw wild swings over
concern on emerging market outlook. Caterpillar jumped nearly 6% after
its optimistic forecast failed to offset fears over the risk of another
debt crisis in emerging markets, though many fund managers say this
scenario is unlikely. A lackluster earnings season has added to weakness
while a 26% return for the S&P 500 last year has fueled valuation
concerns. TheStreet's Jane Searle speaks with Seaport Securities' Jason
Weisberg at the NYSE.
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