A late wave buying couldn't quite bring the stock market back from a morning swoon, leaving major averages modestly lower at the bell, hurt by investors' worries about the U.S. jobs picture and sovereign debt in Europe. Unwinding of bearish bets in the euro boosted that currency's value versus the dollar as the afternoon progressed, encouraging some traders to take on risk in stocks and commodities. But the trading session's overall tone was clearly bearish, with weak jobless-claims data renewing worries about the pace of the U.S. economic recovery, while comments by Moody's Investors Service kept long-term concerns about Greece's creditworthiness alive. The Dow Jones Industrial Average, which was off more than 188 points at its late-morning low, ended down 53.13 points, or 0.5%, at 10321.03. Its biggest loser in percentage terms was Coca-Cola, off 3.7% after the soft-drink maker agreed to buy most of its largest bottler, Coca-Cola Enterprises, in a deal estimated to be worth between $12 billion and $13 billion.[Read more...]