Wall Street Rebounds After Voting Cyprus

Learn Forex Stocks : U.S. stocks drop memangaks mix towards the close to close on Tuesday, after the Cypriot government voting on a controversial bank bailout deal. Cyprus Parliament has rejected the tax on savings bank as a condition for an international bailout. 36 members rejected the proposal, 19 abstentions and no support. Meanwhile, finance minister Michael Sarris Cyprus submitted his resignation, but the president has rejected the resignation, according to sources. Coupled with the circulation of rumors that Cyprus will leave the euro zone if the proposal is not approved. Banks in Cyprus are still closed and the Cyprus stock exchange trading is closed until Thursday.