U.S. equities have managed to pare half their losses from this morning’s session. Lead the way higher is technology while the banking sector is trying to get out of reverse.
Essentially markets are waiting to see what happens in Cyprus tomorrow when banks finally open up for potential bank runs. Currently the ECB is trying to provide liquidity for depositors expected to remove some cash from the system.
European markets managed to not close on their lows.
Oil remains lower while gold has gone into green territory.
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