U.S. Stocks Erase Gains as Commodity, Technology Shares Decline

U.S. stocks erased gains as commodity shares slipped and technology companies were dragged down by a decline in Apple Inc.

The Standard & Poor’s 500 Index was little changed at 1,411.77 at 10:53 a.m. New York time, after rising as much as 0.5 percent earlier.

Stocks rose earlier as equity markets in the world’s largest economy reopened after Hurricane Sandy caused the longest weather-related shutdown since 1888.

To contact the editor responsible for this story: Jeff Sutherland at jsutherlan13@bloomberg.net

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