The S&P 500 Index snapped a six-day rally that was the longest since October, with shares in utilities and real-estate firms leading declines. Investors speculate the American economy is poised to take off thanks to tax reform.
The Stoxx Europe 600 Index fell 0.4 percent, the largest decrease in three weeks.
The MSCI All-Country World Index retreated for the first time in seven days. Bloomberg Markets
