US stocks slip as Wall Street makes its final moves ahead of Friday’s jobs report

News Snapshot:

NEW YORK (AP) — U.S. stocks drifted lower as financial markets locked in their final moves before a highly anticipated update coming Friday about the U.S. job market. The S&P 500 fell 0.5% Thursday. The Dow Jones Industrial Average lost 0.3%, and the Nasdaq composite sank 0.8%. Tesla tumbled as the relationship between CEO Elon Musk soured with President Donald Trump, while Procter & Gamble fell after saying it would cut up to 7,000 jobs over the next two years. Treasury yields held relatively steady after Trump said trade talks are set to resume with China following an encouraging phone...