U.S. Stocks Slip, Bonds Gain Before Data as Euro Weakens

U.S. stocks fell, after benchmark indexes climbed to records, while Treasuries rose before the government releases its monthly jobs report. The euro weakened as the region’s central bank said it’s prepared to take action to head off deflation.

The Standard & Poor’s 500 Index slipped 0.1 percent to 1,888.77 at 4 p.m. in New York. The Dow Jones Industrial Average was little changed, closing within five points of its record after reaching an intraday high. Treasury 10-year yields slid for the first time in three days. The euro weakened against 10 of its 16 major peers. Italy’s 10-year yield fell to an eight-year low and Spain’s rate dropped 4 basis points. The Stoxx Europe 600 Index added 0.1 percent. An index of developing-nation shares dropped 0.6 percent, ending the longest run of gains since January 2013.