European shares, the dollar and U.S. bond yields declined on Thursday on profit booking upon the surge that lifted all three to record highs recently.
Weakness in European financial stocks helped to push broader indices into the red, extending the slippage after soft U.S. housing data the previous day triggered the S&P 500’s biggest fall in more than two months.
U.S. stocks climbed, gaining back after falling a day earlier.
The Dow Jones Industrial Average edged by 23 points to 19,856 shortly after opening. The S&P 500 rose 0.1 percent and Nasdaq Composite rose less than 0.1 percent.
The Dow Jones Industrial Average has reached record highs this month, to hit close within 100 points of the 20,000 mark on the past 11 consecutive trading sessions, seven of them within 50 points.
The 10-year Treasury yields declined to a two week low pulling the dollar index to a two-week low against the yen.
U.S. stocks and the dollar have both rallied since the Trump-win on hope of more economic growth but those trends cut back this week.
Europe’s index of the leading 300 shares fell 0.2 percent to 1,426 points, with bank stocks down 0.8 percent.
Germany’s DAX was also off 0.2 percent, while Britain’s FTSE 100 eased by 0.1 percent from Tuesday’s record closing high of 7,106 points.
A stronger yen and weak close on Wall Street contributed to a 1.3 percent decline in Japan’s Nikkei Stock Average on Thursday, its steepest loss since the day after the U.S. election.
Toshiba Corp’s shares declined 17 percent after news about write-down at its nuclear business, dragging down the Japanese market.
Hong Kong’s Hang Seng Index gained 0.2 percent and stocks in Australia rose 0.3 percent to close at a new high for the year as a weaker dollar helped lift metals prices. Gold was last up 0.6 percent at $1,148 an ounce, on track for a fourth straight day of gains.