U.S. Stocks, Treasuries Drop With Euro as Oil Retreats

U.S. stocks fell with the euro as German confidence declined more than economists forecast and concern grew over conflicts in Ukraine and the Middle East. Treasuries slid and oil paced losses in commodities.

The Standard & Poor’s 500 Index declined 0.2 percent at 4 p.m. in New York, after the biggest two-day gain since April. The yield on 10-year Treasuries rose 2 basis points to 2.45 percent, as an auction of three-year notes drew the lowest yield since April. The euro dropped against 14 of its 16 major rivals. The S&P GSCI Spot Index of commodities tumbled 1 percent as Brent fell to the lowest in 13 months and soybeans slid on a crop report. Emerging-market stocks advanced for a second day.