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Stocks lose ground; EBay slumps nearly 11%

Stocks lose ground; EBay slumps nearly 11%

A day of mostly listless trading on Wall Street ended Thursday with U.S. stocks giving back modest gains from the day before.

Telecom stocks declined the most, weighed down by a slide in shares of AT&T, Sprint and other phone companies. Only healthcare stocks eked out a gain. The broad slide snapped a two-day winning streak for the market. Energy futures and precious metals also fell.

Investors mostly waded through another round of earnings reports, looking to glean insights into the health of corporate America and the U.S. economy. Although some companies turned in disappointing results, most of those that have posted earnings so far are beating financial analysts'...