Stock Rally Fades With Apple as Euro, Greek Bonds Climb
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Gains in U.S. stocks faded by the end of the session as Apple Inc. trimmed its advance and financial shares slumped. The euro and Greek bonds advanced.
The Standard & Poor’s 500 Index lost less than 0.1 percent to 1,460.15 at 4 p.m. in New York after gaining as much as 0.5 percent. The euro appreciated 0.1 percent to $1.2983 and Greek 10-year rates fell below 20 percent for the first time since March. Oil rose, trimming the biggest weekly loss in more than three months. Ten-year Treasury yields lost one basis point to 1.75 percent, erasing earlier gains.