Market recap: You can't make this stuff up. No sooner than the EU summit draft begins to leak...

|By:, SA News Editor
Market recap: You can't make this stuff up. No sooner than the EU summit draft begins to leak and bailout mechanisms look to be strengthened, Germany rejects it. Stocks, which had popped on the rumor, sank in the final minutes (especially banks) to cap a sharp decline. Treasurys rose, with 10-year yields tumbling to 1.97%. NYSE declining issues led advancers seven to one.