You can now read 5 articles in a month for free on Read as much as you want anywhere and anytime for just 99¢.

Stock market recovers most of an early loss

Continue reading below

Renewed worries about Europe’s long-running debt crisis weighed on stocks, holding the S&P 500 just short of a record. Investors are watching to see if Cyprus can shore up its banks. Europe and the IMF have agreed to lend Cyprus $13 billion as long as it liquidates its number two bank and forces losses on depositors with more than 100,000 euros. The market is also keeping an eye on Italy, where political parties are struggling to form a new government. Borrowing rates for Italy and Spain shot higher, a sign of weaker confidence in their financial health. News that pending US home sales slipped in February­ also held back equities.

Loading comments...
Want each day's news headlines delivered fresh to your
inbox every morning? Just connect with us
in one of the following ways:
Please enter a valid email will never post anything without asking.
Privacy Policy
Subscriber Log In

You have reached the limit of 5 free articles in a month

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week
Marketing image of
Marketing image of