GLOBAL MARKETS-Stocks slip from record as investors gauge vaccine hope


The Dow Jones Industrial Average fell 166.49 points, or 0.56%, to 29,783.95, the S&P 500 lost 17.31 points, or 0.48%, to 3,609.6 and the Nasdaq Composite dropped 24.79 points, or 0.21%, to 11,899.34.

NEW YORK: A gauge of global stocks edged lower from a record on Tuesday, as rising coronavirus cases raised concerns about fresh lockdown measures and tamped down recent optimism over promising vaccine trial results.

U.S. stocks moved off their worst levels of the day but the Dow and S&P 500 remained in the red as several states imposed new restrictions on gatherings amid climbing COVID-19 cases and the onset of colder weather.

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