"USA equity markets flip flopped returning from the Martin Luther King Day holiday and coupled with the softer oil prices, set Asian markets for a day of contemplation", Jingyi Pan of IG said in a commentary.
Earlier in the day Wall Street's three benchmark indexes each touched record highs. For the final three quarters of this year earnings growth is expected to be close to 15 percent.
Over the course of the day 103,874 shares traded hands, as compared to an average volume of 271,690 over the last 30 days for SPDR Dow Jones Global Real Estate ETF (NYSEARCA:RWO).
Earnings and corporate news were still in focus during the first trading day of the holiday-shortened week, with Citigroup, UnitedHealth, Comerica, and CSX some other major brands set to publish their latest quarterly results.
The CBOE Volatility index, a widely followed measure of market anxiety, rose to a more than 1-month high of 11.66.
CORPORATE NEWS: Shares in Airbus rose 2.6 percent after the planemaker struck a deal to sell more of its A380 superjumbo jets to Emirates airlines. The S&P 500 closed down 9.82 points, or 0.4%, to 2,776, with eight of the 11 main sectors finishing in negative territory.
Islamic State declares war on Hamas with an execution video
The Israeli naval soldiers then forced them to take off their clothes, jumped into the water and swim towards the Israeli gunboat. The decision, backed by Israel and USA lawmakers, flew in the face of worldwide diplomacy and threatened to stall peace talks.
February gold rose $2.20, or almost 0.2%, to settle at $1,337.10 an ounce.
Alcoa Corp (AA.N) tumbled 7.0 percent after the aluminum producer's earnings missed analysts' estimates.
General Electric shares fell more than 4 percent after the company said it would record a $6.2 billion charge in the fourth quarter, related to its finance arm's run-off insurance portfolio.
The S&P 500 shed 4.27 at 2,798 and the Nasdaq lots 1.08 at 7,297. Bank of America lost 0.2% while Goldman lost 1.9%. Investors of record on Monday, December 18th will be issued a dividend of $0.5606 per share.
The price of the digital currency, which soared past year after starting the 2017 under $1,000, has been hurt amid signs of potentially increased scrutiny from governments. The euro fell to $1.2235 from $1.2271.
The Japanese yen was flat at 110.54 per dollar, the first retreat in more than a week.
House passes stopgap spending bill, Senate fate uncertain
About a third, 31%, say they would hold the Democrats in Congress responsible, and another 10% say they'd blame all three groups. Lindsey Graham , a Republican from SC threatened to vote against a short-term spending bill, as did Rand Paul of Kentucky.
Bitcoin Continues Its Slide, Falls Below $10K
The sell-off appeared to be sparked by worries over tighter regulation in the key markets of South Korea and China . Bitcoin was fluctuating at around $10,200 on Bitstamp at time of publication on Wednesday.
Naked shower video scandal rocks Major League Baseball
Apparently those standards include not secretly filming clients while they shower, because that's what Wood's been accused of. So what was Wood's alleged failing? The story says a player found a camera while showering at Wood's house.
Test fire of SpaceX Falcon Heavy rocket moves to Saturday
What makes things tricky is the fact that the satellite failed to achieve orbit, reportedly burning up in the earth's atmosphere. Satellite GovSat 1 will be fueled by technicians with nitrogen tetroxide and hydrazine, contriving propellant in upcoming days.
E Coli Outbreak Spreads to 15 States; Leafy Greens Suspected
Center for Disease Control investigates an outbreak of E. coli infections that might be linked to eating romaine lettuce. You can also wash counters, cutting boards, and utensils after they touch raw meat to avoid contaminating other foods.
Nintendo Direct Mini: Dark Souls remaster and so much more
They give a brief overview of what the combat is like and the general gist of the story in the mini-Nintendo Direct below. Celeste comes from the developer of Towerfall, and is an indie action platformer coming to Switch on January 25.