U.S. stocks recover some losses on late report of progress on Greek aid deal; Dow down 108

SAN FRANCISCO (MarketWatch)
U.S. stocks quit a five-day winning streak to close lower Monday after recent euro-zone meetings signaled a Greek default might be sooner than some expected.
The major indexes recovered somewhat in the last hour of trading, however, on a report that Greece was
near a deal with its international creditors.
The Dow Jones Industrial Average fell 108.08 points, or 0.9%, to 11,401.01, led by a 3.3% drop in Bank of America Corp. shares. At its lows, the Dow was down nearly 254 points.
The S&P 500 lost 11.92 points, or 1%, to 1,204.09.
The Nasdaq Composite fell 9.48 points, or 0.4%, at 2,612.83