"Stocks stepped higher Monday as Cyprus secured a last-minute 10 billion euro ($13 billion) bailout. The S&P 500 stock index started the day 8.27 points away from an all-time high. European stocks were mostly higher. And earlier, investors in Asia mostly responded positively to the news. Japan's Nikkei 225 index surged 1.69% to 12,546.46 and South Korea's Kospi jumped 1.49% to 1,977.67. Stocks in mainland China fell, however. The European Central Bank had threatened to withhold emergency liquidity from the Mediterranean nation's central bank if a deal was not clinched by Monday."
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