Market recap: Little Cyprus was big news on Wall Street, as investors weighed whether the...

|By:, SA News Editor
Market recap: Little Cyprus was big news on Wall Street, as investors weighed whether the country's plan to impose a tax on bank deposits to finance a eurozone bailout would lead to broader European problems. Most key sectors closed negative, led by financials and energy. The euro plunged to a three-month low vs. the dollar; gold closed above $1,600 for the first time this month.