US stocks have ended the day higher partly thanks to strong earnings reports and upbeat payroll data Photo: AP PHOTO

US stocks have rebounded as jitters over inflated tech stock valuations abated and upbeat earnings and better-than-expected economic data fuelled investors' risk appetite.

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A broad rally sent all three major US equity indexes higher on the day, with a bounce-back in tech and tech-related momentum stocks leading the charge.

But the rally lost some momentum after JPMorgan Chase chief executive Jamie Dimon told Reuters asset prices are quite high and there is always a ri

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