U.S. Stock Futures Drop on Apple as Treasuries Retreat

U.S. stock-index futures retreated after Apple Inc.’s earnings and forecast trailed analyst estimates. Treasuries fell for a second day as an auction of $29 billion in seven-year notes drew the weakest demand since 2009.

Futures on the Standard & Poor’s 500 Index slipped 0.2 percent to 1,405.6 at 5:41 p.m. in New York after the gauge climbed 0.3 percent in the regular session. Ten-year Treasury yields climbed four basis points to 1.83 percent. The yen weakened against all 16 major peers on speculation Japan will add stimulus. The S&P GSCI Index of 24 raw materials increased 0.1 percent as gasoline halted its longest slump on record.