The stock market’s early gains Monday were quickly lost as fresh concerns grew over the latest Cyprus plan. The early rally took the futures above their latest peak and likely stopped out some on the short side. However the Spyder Trust (SPY) still needs a close above Monday’s high at $156.27 to signal a new push to the upside.
The stock market’s early gains Monday were quickly lost as fresh concerns grew over the latest Cyprus plan. The early rally took the futures above their latest peak and likely stopped out some on the short side. However the Spyder Trust (SPY) still needs a close above Monday’s high at $156.27 to signal a new push to the upside.
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