NEW YORK: US stock indexes have slipped as investors brace for a third official interest rate rise this year and the United States ordered new sanctions against North Korea.
The S&P and the Dow snapped a run of record closing highs and Apple was the biggest drag on the three major indexes with a 1.7 per cent drop on worries about demand for its latest smartphone.
Investors increased bets the US Federal Reserve would raise rates again this year after the central bank's statement on Wednesday (US time) and were also assessing its decision to start reducing its roughly $US4.2 trillion in US Treasury bonds and mortgage-backed securities.
US President Donald Trump opened the door to blacklisting people and entities doing business with North Korea, further tightening the screws on Pyongyang's nuclear and missile programs.
The Dow Jones Industrial Average fell 0.24 per cent to 22,359.23, the S&P 500 lost 0.30 per cent to 2,500.6 and the Nasdaq Composite dropped 0.52 per cent to 6,422.69.
LONDON: Concerns about consumption dragged on Britain's top share index on Thursday, partly offset by gains among banks after the US Federal Reserve signalled that another rate rise was on the cards this year.
The blue chip FTSE 100 index closed 0.11 per cent lower at 7,263.90 points, underperforming a positive European market which was boosted by gains among banking stocks.
British banks were among the strongest gainers, with Lloyds, Barclays and Royal Bank of Scotland all up between 1.6 per cent to 2.6 per cent.
The pan-European STOXX 600 ended up 0.3 per cent while euro zone stocks and blue-chips rose 0.4 per cent as the US central bank's optimism on the economy stoked renewed enthusiasm for financials and cyclical sectors in Europe.
Germany's DAX rose 0.25 per cent to 12,600.03.
TOKYO: Asian shares were little changed with Tokyo slightly higher, but China and Hong Kong negative.
Japan's Nikkei closed up 0.18 per cent at 20,347.48, as the yen's fall against the US dollar after the Fed's decision helped sentiment around exporters.
The Bank of Japan, as widely expected, also left its policy settings unchanged.
Hong Kong shares ended little changed, as strength in financial and consumer stocks countered a slump in the resources sector triggered by a stronger US dollar amid revived expectations of another US rate increase later this year.
The Hang Seng index fell 0.06 per cent, to 28,110.33 points, while the China Enterprises Index rose 0.2 per cent at 11,198.32 points.
China's major stock indexes slipped, as developers and the materials sector weakened, offseting gains in financial firms buoyed by expectations of another US rate increase.
The blue-chip CSI300 index fell 0.12 per cent, to 3,837.82 points, while the Shanghai Composite Index lost 0.24 per cent to 3,357.81 points.
WELLINGTON: The S&P/NZX50 Index fell 0.3 per cent to 7795.41.