US stocks could break through to all-time closing highs this week


NEW YORK: U.S. stocks could break through to all-time closing highs this week, but it could depend on a solution to Cyprus' fiscal woes.

On Sunday, Cypriot President Nicos Anastasiades held last-minute talks with international lenders in an effort to save the island nation from financial meltdown. Cyprus faces a Monday deadline to avert a collapse of its banking system.

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