· The Dow Jones Industrial Average fell 10.33 points, or 0.04 percent, to 25,792.86, the S&P 500 lost 9.82 points, or 0.35 percent, to 2,776.42 and the Nasdaq Composite dropped 37.38 points, or 0.51 percent, to 7,223.69.
Earlier on Tuesday, the Dow Jones Industrial Average had broken above the 26,000 mark for the first time as fourth-quarter earnings season got off to a strong start following upbeat results from UnitedHealth and Citigroup.
Wall Street paused its rally on Tuesday, weighed down by weakness in General Electric shares and as lower oil prices dragged down the energy sector.
· The CBOE Volatility index, a widely followed measure of market anxiety, rose to a more than 1-month high of 11.66.
· Asian markets traded in negative territory early on Wednesday after Wall Street closed lower in the previous session.
· Japan's Nikkei 225 declined 0.85 percent after touching a 26-year high in the last session. Most exporter stocks traded lower in the morning as the dollar resumed its decline against the yen. Shares of index heavyweights were broadly lower, with SoftBank Group down 1.5 percent and Fanuc falling 3.14 percent.
· The benchmark Nikkei ended 236.93 points, or 1.0 percent, higher at 23,951.81, its highest close since Nov. 15,1991. The broader Topix, which includes all first section issues on the Tokyo Stock Exchange, finished 10.35 points, or 0.55 percent, higher at 1,894.25.
Reference: Reuters, CNBC, The Japan Time
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