U.S. stocks rise as Cyprus collapse averted to 14,527.40

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U.S. stocks rise as Cyprus collapse averted to 14,527.40
NEW YORK (MarketWatch) -- U.S. stocks opened higher on Monday, with the S&P 500 index making another run at a record high, after an accord was reached to avert financial collapse in Cyprus. The Dow Jones Industrial Average rose 15.37 points, or 0.1%, to 14,527.40. The S&P 500 gained 4.4 points, or 0.3%, to 1,561.29, leaving it less than 4 points from the all-time closing high of 1,565.15 hit in October 2007. The Nasdaq Composite added 9.25 points, or 0.3%, to 3,254.22.