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Article posted: 2/14/2013 4:29 PM

Stock market wavers as Europe’s economy slows

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U.S. stocks were little changed, after erasing earlier losses, as a drop in jobless claims and Warren Buffett's deal for H.J. Heinz Co. tempered concern over shrinking economies in Europe and Japan.

ASSOCIATED PRESS

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Renewed worries about Europe overshadowed an encouraging U.S. jobs report on Thursday, leaving major stock indexes roughly where they started. Germany’s economy shrank more than expected late last year, and the slowdown in Europe’s largest economy deepened the region’s ongoing recession. That’s a troubling sign for the U.S., because sales to Europe have been a boon for American companies.