U.S. Stocks Slide Amid Small-Cap Selloff as Treasuries Advance

U.S. stocks fell, giving benchmark indexes their biggest losses in a month, as a selloff in small-cap and Internet stocks spread to the broader market. Yields on 30-year Treasuries dropped to the lowest since June on stimulus bets while the yen gained.

The S&P 500 Index slipped 0.9 percent at 4 p.m. in New York, the most since April 11. The Russell 2000 Index of small companies sank 0.7 percent, paring an earlier decline that brought the gauge down 10 percent from a March high. The yield on 30-year Treasuries dropped four basis points to 3.33 percent for a third day of declines. The Stoxx Europe 600 Index retreated 0.9 percent, erasing gains for the week. The yen climbed against all of its 16 major peers and the euro erased a loss against the dollar. Oil fell 0.9 percent and nickel slid