Market recap: Stocks bounced back from their biggest drop in nearly a month on hopes Cyprus soon...

|By:, SA News Editor
Market recap: Stocks bounced back from their biggest drop in nearly a month on hopes Cyprus soon will cut a deal to qualify it for a eurozone bailout. Consumer-oriented shares led S&P gainers after big-name retailers Nike and Tiffany reported strong quarters. Crude oil climbed 1.4% to $93.71/bbl, nearly erasing the week's losses; gold settled at $1,606/oz.