US stocks closed mixed today, holding on as the Cyprus financial crisis threatened to ignite more turmoil across the European financial system.
Stocks actually rebounded from early losses after the Cyprus parliament rejected the controversial bank deposit tax that is key to the country's financial rescue, putting the entire EU-IMF bailout plan into question.
At the close the Dow Jones Industrial Average was up 3.76 points (0.03 per cent) at 14,455.82.
The broad-based S&P 500 fell 3.76 (0.24 per cent) to 1548.34, while the tech-rich Nasdaq Composite Index lost 8.49 points (0.26 per cent) at 3229.10.
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