Market Wrap for Friday, March 22: Stocks Rise on Hopes of Bailout Deal for Cyprus
March 22, 2013 at 16:17 PM EDT
The U.S. stock market closed out a choppy week with a gain as policymakers in Cyprus were in talks with EU officials to secure a bailout for the Mediterranean island which is facing a banking crisis. Banks have been closed since March 16 in the country as Cypriot leaders have