U.S. stocks fell, reversing earlier gains, and Treasuries advanced amid concern over escalating violence in Iraq as investors gauged the strength of the global economy. Oil prices fluctuated.
The Standard & Poor’s 500 Index slid 0.7 percent to 1,949.74 at 3:43 p.m. in New York, after earlier climbing 0.3 percent to a record. Treasury 10-year yields fell four basis points to 2.58 percent. Brent crude added 0.3 percent while West Texas Intermediate slipped 0.1 percent. The Stoxx Europe 600...
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