Investing.com - Global stocks pulled back from their highest levels on record this week, as the current bull market finally showed signs of slowing down.
Lifted by steady economic growth, supportive monetary policies and solid corporate earnings, global equities have rallied hard, with those in the United States, Germany and South Korea scaling record heights recently, while Japan's Nikkei climbed a 26-year peak.
But traders said the market has since lost some momentum amid weakening oil prices and uncertainty over the state of play on U.S. tax cuts.
The question on everybody's mind is whether this week's action is just a little bit of a break or is it the beginning of a sharper correction.
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