Stocks sank after tech giant Oracle reported lower than expected third quarter income and sales and the crisis in Cyprus worsened. Heading into the last half hour of the session, the Dow was down .43%, the S&P was down .6% and the Nasdaq was down .8%.
The European Central Bank threatened to cut bank funding if leaders in Cyprus couldn't agree on a bailout by Monday.
Other stocks getting hit hard today include Cisco (NASDAQ:CSCO) Hewlett Packard (NYSE:HPQ) and Bank of America (NYSE:BAC).
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