US stocks fall after teetering Cyprus gets bailout - 13 WTHR Indianapolis

US stocks fall after teetering Cyprus gets bailout

Posted: Updated:
  • HeadlinesHeadlinesMore>>

  • Friends, colleagues remember life of slain IMPD officer

    Friends, colleagues remember life of slain IMPD officer

    Saturday, April 19 2014 12:34 PM EDT2014-04-19 16:34:23 GMT
    Picture provided by familyPicture provided by family
    The influence of an IMPD officer killed by her ex-husband in a murder-suicide went far beyond the police department. Neighbors and those who worked with Ofc. Kimberlee Carmack are still trying to understandMore >>
    The influence of an IMPD officer killed by her ex-husband in a murder-suicide went far beyond the police department.More >>
  • Gap between Indiana wages, living costs grows

    Gap between Indiana wages, living costs grows

    Saturday, April 19 2014 11:29 AM EDT2014-04-19 15:29:27 GMT
    Indiana workers' pay didn't keep pace with inflation last year, and economic experts say the state needs to focus more on the quality of jobs instead of the quantity to close the distance.Hoosier workers saw a mere 0.8 percent increase in pay last year. But federal data released this month show inflation grew 1.4 percent in the Midwest.Business leaders tell the Indianapolis Business Journal (http://bit.ly/1hVKISa ) that a high number of job seekers has allowed many employers to hold down wage...More >>
    Indiana workers' pay didn't keep pace with inflation last year, and economic experts say the state needs to focus more on the quality of jobs instead of the quantity to close the distance.Hoosier workers saw a mere 0.8 percent increase in pay last year. But federal data released this month show inflation grew 1.4 percent in the Midwest.Business leaders tell the Indianapolis Business Journal (http://bit.ly/1hVKISa ) that a high number of job seekers has allowed many employers to hold down wage...More >>
  • Lack of psychiatrists hits mental health patients

    Lack of psychiatrists hits mental health patients

    Saturday, April 19 2014 10:51 AM EDT2014-04-19 14:51:16 GMT
    A nationwide shortage of psychiatrists is forcing many mentally ill Indiana patients to wait months for an appointment.The Health Resources and Services Administration reports more than half the state's counties have a shortage of mental health professionals. The Journal Courier has found there is just one psychiatrist for every 57,585 residents in Tippecanoe and surrounding counties.The shortage stems in part from low reimbursement rates by insurance companies. A private psychiatrist will m...More >>
    A nationwide shortage of psychiatrists is forcing many mentally ill Indiana patients to wait months for an appointment.The Health Resources and Services Administration reports more than half the state's counties have a shortage of mental health professionals. The Journal Courier has found there is just one psychiatrist for every 57,585 residents in Tippecanoe and surrounding counties.The shortage stems in part from low reimbursement rates by insurance companies. A private psychiatrist will m...More >>
NEW YORK -

U.S. stocks are trading lower at midday after Cyprus secured a bailout to prevent the collapse of its banking system.

The news from Europe Monday gave stocks an early boost, but the indexes fell after about an hour of trading. European stocks closed lower after Wall Street's gain evaporated.

The Dow Jones industrial average was down 58 points at 14,454 as of 11:35 a.m. Eastern time. The Standard & Poor's 500 index was down three points at 1,553. The S&P 500 had risen to within a half-point of its record high before it reversed course. The Nasdaq was down nine at 3,236. 

Dell shares were up 3 percent on news of a bidding war between investors seeking to take it private.

(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

Powered by WorldNow