Treasuries Rise, Stocks Swing Before Payrolls; Gas Sinks

Treasuries rose and the Standard & Poor’s 500 Index closed little changed for a second day as investors awaited U.S. jobs data. Emerging-market shares slid to a four-month low while natural gas sank, as copper drove a drop in commodities amid concern China’s economy is slowing.

Ten-year Treasury yields fell three basis points by 4:48 p.m. in New York, declining for the third time in four days after an auction. The S&P 500 rose less than 0.1 percent while Alcoa Inc. slid in after-hours trading after profit came in below analysts’ estimates. The MSCI Emerging Markets Index slipped 1 percent. The S&P GSCI commodities index fell to a two-month low as copper and gas lost more than 1.7 percent, while corn tumbled to a 40-month low. Canada’s dollar weakened.