Over the weekend, Cyprus announced a new look levy on bank deposits causing uproar from depositors. The plan will tax 6.75 percent on deposits of less than 100,000 Euros as part of the rescue plan for the country.
What’s Up on Wall Street?
The Dow Jones Industrial Average decreased 41.98 points (-0.29) while the Nasdaq also fell 16.14 points (-0.50). Also, the S&P 500 dropped 8.19 points (-0.52).
Here are some of today’s rates:
Here are a few links to some of today’s financial articles. Be sure to leave a comment below if you know of any additional financial articles that are trending today.