The S&P 500 index fell for the third consecutive session, but bank deposits cut losses late after a day of Cyprus parliament rejected the proposed tax.
Suggested tax savings in the bank of the bailout conditions in Europe. Cypriot parliament rejected a tax, alleviate concerns decision, depositors will begin to withdraw money. At the same time, made efforts to save the nation - the latest victim of the eurozone debt crisis - in the air.
"Votes in Cyprus, we still have a problem. No one knows:" what is the plug financial restructuring will be what kind of? "The sad times, ConvergEx group chief market strategist at Nicholas cora, in New York.
Cypriot Banks will remain closed until Thursday.
The S&P 500 index of second income index almost hit a closing high set in 2007, a long winning streak. The S&P 500 index is still expected to release its best quarter in a year. The benchmark S&P 500 index rose 8.4%, while the dow Jones index was up 10.3% from a year earlier.
Energy stocks led the rally the day after falling, falling oil prices and slides of the shares of oil services company. The PHLX oil service sector index (OSX) fell 2%. Schlumberger (SLB. N) shares fell 3.1%, to $73.98. Halliburton (HAL. N) shares fell 2.7%, to $39.62.
As of the closing, the dow Jones industrial average (DJI) edged up 3.76 points, or 0.03%, to 14455.82.
The standard & poor's 500 index (SPX fell 3.76 points, or 0.24%, to 1548.34. The Nasdaq composite index. Ixic. IXIC fell 8.50 points, or 0.26%, to 3229.10.
Clock, Photoshop and Acrobat software maker Adobe systems inc. (ADBE) O) shares rose 5.6%, to $43.05 after its results beat analysts' expectations. Stocks ended at $40.75, are always fell 0.8% year on year.
Trade fluctuations on Tuesday, the dow Jones industrial average intraday high to session lows of 132.25 points. The nasdaq composite index from session highs to intraday low of 47.18 points.
The Chicago board options exchange (CBOE) volatility index (VIX) or VIX, Wall Street's favorite barometer of the fear, rose 7.71% to close at 14.39. Previously, the VIX hit 15.40 session highs - from closed up 15.27% on Monday.
During the meeting, the S&P 500 index is low at 1538.57. The S&P from an intraday high of swing, the intraday low of 18.68.
Strategists expect the S&P 500 index breakthrough reached a record high in October 2007, but they are expected to rebound, slowing from there. Stock analyst at Reuters poll survey in the past week for the S&P 500 index by the end of 1600, all the time, more than 2007.15 its Oct. 9, 2007 closing high. The dow first record, more than 2007 on March 14, March 5 and over, and then at a meeting with nominal record closing high.
On Monday, Goldman Sachs (Goldman Sachs) increases as the S&P 500 index target by the end of 500, while Morgan Stanley (Morgan Stanley raised its target to $1600.
On that day include electronic arts (EA) O) company, fell 8.3% year on year, to $17.15 a day after the video game publisher's chief executive, resigned after six years of the helm, he said he thinks he is responsible for the missed target.
Cliffs natural resources companies (CLF. N) shares fell 6.6%, to $20.33 after the iron ore producer, Goldman Sachs cut its target price (Goldman Sachs), reason is an outlook of the steelmaking raw material.
Walgreen company (WAG. N) and the partner alliance boots (ABN. UL) said that they are in the day's gains, AmerisourceBergen's (ABC. N), signed a 10-year contract will be issued in the shares of the company, so far the Walgreen GeTongKa cardinal health company (CAH) N).
Walgreens new shares at $45.80, highest level since September 2007, and closed at $44.74, up 5.4% from a year earlier. Amerisource rose 3.6% to $50.06. On the contrary, cardinal fell 8.2%, to $42.35.
European bank stocks continue Monday's declines, and the industry index (. SX7P) fell 2.1% on Tuesday.
"Deposit are occurred or not, in fact, this is a claim by the European Union agreed to means of private property is out, it's almost said nothing is out," said Fred, copper, senior portfolio manager at international, headquartered in Boston at Columbia management, banking crises in Cyprus.
U.S. economic data optimism about the housing department. Housing starts data suggests that pioneering the establishment of the new American family in February and the new license as a sign of rising construction rose to its highest since 2008, the U.S. housing market recovery.
Philadelphia housing index (HGX) rose 0.3% to close at 191.79, earlier climbed to 194.41 - the highest level since late July 2007.
Trading volume was about 6.8 billion shares on the New York stock exchange, nasdaq and nyse MKT deal, from 2012, the average daily volume of $4.5 billion when he was about 6.
Behind the New York stock exchange fell about 17 to 13, while on the nasdaq, 7 stocks falling, rising every five.




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