Nasdaq set to snap losing streak

Jan. 8 - The Nasdaq stock index could finally end seven days of losses as a management shuffle lifted shares of Starbucks. The entire sector appeared to benefit from investors looking to by tech stocks on the cheap after the extended sell-off. Sentiment was also boosted by a housing report suggesting that market may be bouncing along the bottom. Bear Stearns traded higher on published reports its CEO will step down. Gold hit another lifetime high.REUTERS VIDEO