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Markets Slide Further on Tech Selloff Ahead of Q1 Earnings

Markets closed lower for a third day as the tech selloff continues amid valuation concerns and a reorientation towards value stocks. Markets have lost momentum since the start of the year, causing many top performing sectors last year to be 2014 laggards. Investors are also taking profits ahead of Q1 earnings season, with low expectations for the period given the impact of prolonged bad weather. Jane Searle speaks with Greg Keating from James E Coffey Securities.