Daily Wrap: 3/26/2013

Banks in Cyprus are still closed despite a deal that avoids government seizure of assets for small depositors there. The fact that the solution avoided asset seizures seemed to calm investors in the US, as the major indexes rallied for most of the day. Heading into the closing bell, the Dow and S&P were up 3/4 of one percent and the Nasdaq was up about 1/2 a percent. Intel (INTC) Hewlett Packard (HPQ) and Boeing (BA) were among big winners on the Dow.