MSCI's broadest gauge of world stocks was last flat after renewed demand for shares earlier pushed it to a record high of 622.12. But the Dow Jones Industrial Average fell 173.77 points, or 0.58%, to 29,872.47, the S&P 500 lost 5.76 points, or 0.16%, to 3,629.65 and the Nasdaq Composite added 57.08 points, or 0.47%, to 12,094.40.
NEW YORK: Stocks ended near the previous session record high on Wednesday as Wall Street bumped up against disappointing job market data, while oil continued to rise and the dollar weakened further.
The U.S. dollar has lost some of its safe-haven luster as traders turn to riskier assets, including some funded in other currencies, following positive news about COVID-19 vaccines and a seemingly normalizing U.S. transition of power.
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