GLOBAL MARKETS-World stocks end lower amid strong U.S. data and concerns about inflation

U.S. stocks wavered during the session and ended lower as investors experienced rosy reports about corporate tax hikes but still wary about the Federal Reserve potentially shifting monetary policy.

WASHINGTON: Global equities markets lagged on Thursday after stepping back from near-record levels earlier in the week, as investors studied strong U.S. data reports for economic recovery and inflation signals.

U.S. stocks wavered during the session and ended lower as investors experienced rosy reports about corporate tax hikes but still wary about the Federal Reserve potentially shifting monetary policy.