Temporary-help jobs, often a bellwether of the job market's direction, fell by 7, 500 after rising by nearly 55, 000 in February.

WSJ: Job Growth Loses Steam

He said he sees the selloff tied to the latest drama in Cyprus as an "overreaction" and has been counseling clients not to see it as indicating a major change in the market's direction.

WSJ: Stocks Fall Globally as Investors Worry What's Next in Euro Zone

But, whatever the market's immediate direction, some Nasdaq stocks look pretty attractive.

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