On the heels of the FOMC announcements, we saw the market decline late in the day as stocks rallied. Today the focus should return to Cyprus and their apparent deadlock over the controversial bailout plan. Bonds might be supported with concern the European debt crisis might worsen if this is not resolved soon.
What’s Up on Wall Street?
The Dow Jones Industrial Average decreased 72.38 points (-0.50) while the Nasdaq dropped 23.51 points (-0.72). Also, the S&P 500 fell 8.19 points (-0.53).
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.