S&P 500 set for worst week this year as bulls waver
NEW YORK (Reuters) – Stocks largely traded sideways on Thursday as growing pressure in Europe’s debt markets raised concerns about the financial stability of the region and overshadowed what is expected to be a solid U. S. jobs report on Friday. The Dow and the S&P 500 slipped, putting them on track for three straight days of declines, but the Nasdaq advanced modestly, buoyed by shares of retailer Bed Bath & Beyond , which jumped 10 percent to a lifetime high after the company’s quarterly results beat analysts’ expectations. . . .
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