S&P 500 Falls on Growth Concern as Treasuries Erase Gain

Most U.S. stocks fell and an index of emerging-market shares slid the most in almost two months as reports spurred concern the global economy is slowing. The euro weakened and Spanish bonds dropped, while commodities erased early losses and Treasuries reversed gains.

The Standard & Poor’s 500 Index fell less than 0.1 percent to 1,460.27 at 4 p.m. in New York, trimming an earlier slide of 0.8 percent as consumer-staple and energy shares advanced. The MSCI Emerging Markets Index slid 0.9 percent, the most since Aug. 2. The euro lost 0.6 percent to $1.2966, a one-week low. Ten-year Treasury yields were little changed at 1.77 percent after losing five points earlier. Oil fluctuated near a six-week low while the S&P GSCI commodities gauge rose 0.3 percent.