Market recap: Stocks cut their losses late to close mixed after lawmakers in Cyprus voted...

|By:, SA News Editor
Market recap: Stocks cut their losses late to close mixed after lawmakers in Cyprus voted against the proposed levy on bank deposits, but the modest volume yesterday and today makes the market action look like profit-taking rather than a fear-based trade. Despite a solid U.S. housing report, consumer discretionary, energy and materials seen as tied to economic growth led decliners.