Emerging-Market Stocks, Gold Drop With S&P 500 at Record

Emerging-market stocks fell, trimming a monthly advance, as oil and gold slumped. The Standard & Poor’s 500 Index closed at a record, while Treasuries were little changed as data showed an uneven recovery in the economy.

The MSCI Emerging Markets Index slid 1.1 percent at 4 p.m. in New York, paring a fourth monthly gain. The S&P 500 added 0.2 percent to a record 1,923.57. The yield on 10-year Treasuries was little changed at 2.47 percent. Gold fell 0.9 percent, capping the biggest weekly drop in eight months, and oil futures slid 0.8 percent.