Tuesday, March 19, 2013 5:36 pm
News Summary: Cyprus offsets homebuilder data
By The Associated Press
CYPRUS VOTES `NO': Early gains for stocks didn't last after investors turned their focus to Cyprus, where lawmakers rejected a planned bailout for banks that would have called for raiding the savings accounts of ordinary citizens, setting a new precedent in Europe's ongoing debt crisis. The vote leaves the Cyprus's future in the euro zone in question.
AT THE CLOSE: The Dow closed with a gain of four points. The Standard & Poor's 500 closed down by the same number of points and has now closed lower for three straight days, its longest losing streak of the year.