World shares are mostly lower after Wall Street’s rally loses steam

World shares are mostly lower after Wall Street’s rally loses steam Updated 24 mins ago World shares are mostly lower, with Asian and European indexes down after overnight losses on Wall Street. The futures for the S&P 500 and the Dow Jones Industrial Average were both less than 0.1% up while oil prices edged lower. On Wednesday, U.S. stock indexes drifted lower as worries revived over the high level of share prices. The S&P 500 slipped 0.3% and the Dow Jones Industrial Average dropped 0.4%. The Nasdaq composite fell 0.3%. All three are still near all time highs set on Monday. Micron Technology fell to give back some of its huge gain for the year even though it reported a better profit than expected. Homebuilders rose following a strong report on sales of new homes.