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Market recap: Late-day selling picked up as the euro dove to lows on headlines from former...

May 22, 2012 4:10 PM ETBy: Carl Surran, SA News Editor9 Comments
Market recap: Late-day selling picked up as the euro dove to lows on headlines from former Greece PM Papademos, who said a Greece exit from the euro is being considered and would have "catastrophic" consequences for Europe. A rebound in JPM lifted bank stocks. Crude oil slid 1% to $91.66 on signs of progress with Iran. NYSE decliners led advancers five to three.

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