Commodities Drop on China Concern; S&P 500 Little Changed

Commodities snapped a three-day advance and the yuan weakened after Chinese exports grew at a slower pace than forecast, fueling concern about the global economy. U.S. stocks and Treasuries ended little changed.

The S&P GSCI Index of raw materials lost 0.4 percent as of 4:15 p.m. in New York and oil dropped 1 percent. The Standard & Poor’s 500 Index rose less than 0.1 percent to 1,371.09, while Exxon Mobil Corp. and Merck & Co. led the Dow Jones Industrial Average up 37.69 points to 12,959.71. Ten-year Treasury note yields added less than one basis point to 2.03 percent. The yen strengthened against 12 of its 16 most-traded peers. The euro climbed 0.3 percent to $1.3158.