U.S. Stocks Fall as GDP Data Overshadows Bets on More Stimulus

U.S. stocks fell, driving the Standard & Poor’s 500 Index to its longest slump in almost four months, as slower-than-estimated economic growth overshadowed signs the Federal Reserve may provide more stimulus.

Alcoa Inc. and Bank of America Corp. slid at least 2.1 percent to pace losses in the Dow Jones Industrial Average. The Dow Jones Transportation Average slumped 1.1 percent. Campbell Soup Co. decreased 5.3 percent as the world’s largest soup maker’s sales trailed projections. Netflix Inc., the video-streaming and DVD subscription service, sank 5.4 percent after agreeing to sell $400 million in stock and convertible notes.