Stocks edge lower, rebounding from Cyprus losses
NEW YORK (AP) — Stocks were little changed on Wall Street after recouping losses from an early sell-off caused by concern that a bailout plan for the Mediterranean island nation Cyprus would re-ignite the European debt crisis.
The Dow was down 23 points, or 0.2 percent, to 14,502 as of 1:42 p.m. The index fell as much as 110 points in early trading, before winning back much of the decline.
The Standard & Poor's 500 index fell five points, or 0.3 percent, to 1,555. The Nasdaq composite dropped six points, or 0.1 percent, to 3,245.
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