Emerging-market stocks dropped, European shares snapped the biggest three-day rally since June and copper retreated as a report signaled continuing weakness in China’s economy. U.S. stocks were little changed as investors analyzed earnings from AT&T Inc. to Boeing Co.
Delta Air Lines Inc.’s first- quarter profit more than tripled, topping analysts’ estimates, as increased traffic and lower fuel prices trumped winter storms that grounded 17,000 flights. The shares rose.
Warren Buffett owes it to shareholders of his Berkshire Hathaway Inc. to vote against Coca-Cola Co.’s executive-compensation plan, said David Winters, a money manager who controls stakes in both companies.
European stocks dropped, snapping their biggest three-day rally since June, as industrial-goods makers led losses and investors weighed manufacturing data from the euro area and China. U.S. index futures were little changed, while Asian shares rose.