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Stocks fall on Cyprus worries, Oracle earnings

Closing out the day… Stocks slid Thursday after weak earnings and the ongoing negotiations about the Cyprus's future in the Eurozone unnerved investors. Cyprus has until Monday to raise the billions of euros it needs to qualify for a bailout.

Among the high-volume stocks today Coca-Cola (KO), Research in Motion (BBRY) and Ebay (EBAY) booked gains while Oracle (ORCL), Bank of America (BAC) and Cisco Systems (CSCO) all moved lower. The Chicago Board Options Exchange Volatility Index closed the day at 13.96 after opening at 13.07. The Put/Call Volume Ratio is at 0.92 while the Put/Call Open Interest ratio is at 0.93. [InvestorsKeyhole, various news and data sources]

Bobby Raines

Bobby Raines is the Managing Editor of the Market Intelligence Center. He has degrees in Mass Communications and History from Emory & Henry College. Bobby worked at a mid-sized daily newspaper before making a switch to covering the financial industry full time in the years leading up to the financial crisis. He has been a member of the Fresh Brewed Media team since 2011 and has served as a writer and analyst. You can write to him at braines@marketintelligencecenter.com or follow him on Twitter: @BRatMICenter.