Published on March 26th, 2013 | by Randomguru0
Final Hour Report: The Cyprus Bailout
Right now the Dow Jones Industrial Average is up +112 points. The major indices are all in the green.
We are less than 30 minutes to the closing bell, and it looks like we are going to close today on a high note.
The S&P 500 is up +11 points. The NASDAQ is just up about +15 points.
Yesterday was a downtrending day, despite the fact that the Cyprus Bailout was being resolved.
The head of the Cypriot central bank has said that “superhuman” efforts are being made to open the country’s banks on Thursday.
Banks in the country have been shut for more than a week as a controversial bailout was negotiated, which will see depositors take losses.