Stocks Dip amid Greece Jitters

U.S. stocks fell mildly on Thursday as traders eyed the continued deadlock in Greece bailout talks, along with slumping crude oil prices. The Dow Jones Industrial Average dropped 44.08 points, or 0.24%, to 17,985.77. The S&P 500 was down 2.23 points, or 0.11%, to 2,097.45. The Nasdaq Composite gained 18.34 points, or 0.37%, to 4,924.70.

Wal-Mart (WMT) will give a half-million employees pay raises, the discount retail giant said Thursday as it announced a mixed quarterly earnings report.Hourly workers will earn at least $1.75 above the current federal minimum wage, or $9 per hour, in April.

Yahoo (NASDAQ: YHOO) CEO Marissa Mayer told audiences at the Yahoo Mobile Developer Conference in San Francisco Thursday that her company has hit $1.2 billion in mobile revenue last year. With about 575 million monthly mobile visitors, that would make Yahoo “the third- largest mobile ad company in the world.”

The Federal Trade Commission on Thursday sued to block Sysco Corp. ‘s acquisition of rival US Foods Inc., a long-awaited move that sets the stage for a major court battle over a plan to combine the nation’s two largest food distributors.

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