Stocks are rallying today.
The big headlines continue to come out of Cyprus, where leaders are scrambling to structure a deal to bail out the country's banks.
Earlier today, Reuters reported that they were optimistic a deal would be formed in a few hours.
The Greek stock market, which is heavily exposed to Cyprus, is surging today. Banks are leading the way on rumors that Greek banks were in talks to buy the Greek units of Cypriot banks.
Here's an intraday look at
Bloomberg