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U.S. Stocks Decline as Energy Shares Plummet With Crude

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U.S. stock indexes slid from records amid continued selling of energy producers as crude oil sank to a five-year low. The yen rallied and Treasuries advanced.

The Standard & Poor’s 500 Index lost 0.7 percent to 2,060.31 by 4 p.m. in New York, following seven straight weekly gains. Energy stocks slumped 3.9 percent and Canada’s benchmark gauge dropped 2.3 percent, the most June 2013 as oil in the U.S. and London slipped to the lowest level since 2009. The Stoxx Europe 600 Index fell 0.7 percent from a seven-year high. Ten-year Treasury yields dropped five basis points to 2.26 percent as gold futures gained 0.4 percent. The yen climbed the most in seven weeks as the Bloomberg Dollar Spot Index fell.