Stocks Fall, Euro Weakens Amid Greek Discussions; Copper Drops

U.S. and European stocks fell, driving the Dow Jones Industrial Average down from an almost four-year high, and the euro declined the most in three weeks as Greek leaders wrestled with spending cuts to get aid and avert a default. German bonds rose, and commodities dropped.

The Dow slumped 17.10 points, or 0.1 percent, to 12,845.13 at 4 p.m. New York time. The Standard & Poor’s 500 Index dropped less than 0.1 percent, trimming its retreat from 0.6 percent as energy stocks rallied 1.1 percent. The Stoxx Europe 600 Index lost 0.1 percent. The euro fell 0.2 percent to $1.3132 after slipping 1 percent. Yields on 10-year German bonds slipped five basis points to 1.89 percent. Oil decreased 1 percent. Copper futures sank 0.9 percent.