Bloomberg

Nov. 3 (Bloomberg) -- U.S. stocks fell, with benchmark indexes retreating from six-month highs, and oil pared its gain while Treasuries extended their advance as investors awaited the Federal Reserve’s plans to stimulate the American economy.

The Standard & Poor’s 500 Index, which closed at the highest level since May 3 yesterday, slipped 0.3 percent to 1,189.49 at 12:20 p.m. in New York after fluctuating earlier. Oil was little changed after rallying above $85 a barrel earlier. Silver, coffee and copper led losses in commodities. The 30-year Treasury yield climbed five basis points to 3.88 percent. The Dollar Index increased 0.2 percent.

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