Stocks Lose Steam as Nerves Persist, Euro Dips
A gauge of world equities was little changed after giving up early gains on Thursday, continuing a pattern seen for the past several sessions, while the euro eased after the European Central Bank formally ended its bond purchasing scheme. In the United States, the S&P and Nasdaq finished in the red while the Dow closed well off its session highs as cautious trade optimism faded. Nervousness has heightened volatility in stocks recently, with a tendency for stocks to lose morning gains as the day wears on. In Beijing, a commerce ministry spokesman said China and the United States were in close contact over trade, and any U.S. trade delegation would be welcome to visit. Although signs of a trade thaw have been welcomed by investors, other worries have kept…