Global Equity Markets Pull Back Friday, On Downside Corrections From Bull Runs
February 24, 2017 at 07:57 AM EST
(Kitco News) - World stock markets were mostly lower overnight, on corrective and profit-taking pullbacks from recent gains that put many of the indexes at multi-month, multi-year or record highs. European stock indexes were also pressured on disappointing corporate earnings reports coming out of the European Union countries. Asian stocks were also hit by weaker mining shares. U.S. stock indexes are pointed toward lower openings when the New York day session begins. The U.S. indexes hit record highs this week and are on an extended bull run that is well overdue for a good downside correction. Talk in the marketplace late this week of U.S. tax reforms that won't come as soon as some had expected also dented world trader and investor enthusiasm a bit Friday. To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2017 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post Global Equity Markets Pull Back Friday, On Downside Corrections From Bull Runs appeared first on Money Morning - We Make Investing Profitable .