Markets Are Going Nowhere As Cyprus Negotiations Come Down To The Wire

Business Insider

Futures markets have begun trading to start the week as Cyprus attempts to negotiate the final details of a plan with the EU to bail out its troubled banking system. This is ahead of an ECB ultimatum that a deal be reached by Monday or the liquidity taps will be turned off.

Despite the heated backdrop, markets are mostly flat Sunday evening.

S&P 500 futures are trading around 1551, down just 0.03 percent from where they closed on Friday.

The very far right side of the graph shows Sunday evening's trading session.



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