Stocks slide, and investors wait for earnings

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Eli Lilly, the drugmaker, rose $1.03, or 2 percent, to $51.81 after two studies found that its experimental Alzheimer’s drug may modestly slow mental decline.

The yield on the 10-year Treasury note fell to 1.72 percent from 1.74 percent late Friday. U.S. government bond trading was closed Monday for the Columbus Day holiday.

European markets also fell. Benchmark indexes fell 0.8 percent in Germany and 0.5 percent Britain. France’s stock market index fell 0.7 percent.

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