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Asian shares have retreated after U.S. stocks edged back from their record heights. U.S. futures fell and oil prices edged higher. Chinese stocks were little changed after officials in Beijing

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European markets were lower Friday after shares snapped a nine-day winning streak in the previous session.

U.S. stocks are drifting around their record levels after the Dow Jones Industrial Average briefly topped the 40,000 level for the first time. The Dow was up 55 points at

European markets were lower Friday after shares snapped a nine-day winning streak in the previous session.

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World shares were mostly lower on Friday, though Chinese stocks reversed earlier losses following the announcement of fresh measures to revive the ailing property market. In early European trading, Germany's DAX lost 0.5% to 18,648.35 and the CAC 40 in Paris shed 0.5% to 8,147.13. China’s central bank said Friday that it was reducing required down payments for housing loans and cutting interest rates for first and second home purchases, among other moves.

NEW YORK -- U.S. stocks edged back from their record heights Thursday after the Dow Jones Industrial Average briefly topped the 40,000 level for the first time.

On May 16, the Dow Jones Industrial Average soared past the 40,000 mark for the first time, setting a new record.

U.S. stock index futures slipped on Friday, near the end of a week of sharp Wall Street gains underpinned by hopes of Federal Reserve interest rate cuts after softer-than-expected consumer inflation...