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Stocks drop on European Central Bank's stimulus plans, energy slump
Stocks drop on European Central Bank's stimulus plans, energy slump

The stock market posted slight losses Thursday after European Central Bank officials decided to delay any stimulus for the struggling continent until next year. Investors also braced for the release of Friday's closely watched U.S. jobs report. Stocks had been solidly lower much of the day, but did recover some of their losses after news outlets reported that the European Central Bank would consider a large stimulus package for next month. Earlier comments from ECB President Mario Draghi were initially interpreted to mean the bank wouldn't act until next year, but by late Thursday consensus was building that stimulus was imminent. “The ECB and Draghi basically said, `we...

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