U.S. stocks were slightly lower, retreating from earlier gains, as trader's focus turned to Friday's April jobs report. The pace of job growth is expected to have slowed but economists are mixed on exactly by how much. Whole Foods (WFM) reported another quarterly decline in comparable-store sales, its third quarter in a row, as competition among supermarket chains heats up. Same-store sales declined three percent in the quarter ended April 10, a drop that was steeper than expected. Zynga (ZNGA) jumped after narrowing net losses and cutting costs in its recent quarter. The developer of online games such as 'FarmVille' and 'Words With Friends' decreased total costs and expenses by 10 percent. L Brands (LB) tumbled after issuing a disappointing sales update for its first quarter. TheStreet's Keris Lahiff reports from Wall Street.
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