Technology stocks remained at the fore, with Internet security firm Qihoo 360 Technology leading the way and returning 104%, thanks in large part to the best first-day pop (134%) since fellow Chinese company Youku.com leaped 161% when it debuted Dec. 8, according to Renaissance Capital.

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If Europe muddles through its financial crisis, as it probably will, then the yen will fall thanks to global investors returning to the Euro.

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