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

|By:, SA News Editor
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.