European stocks broke a four-session winning streak on Wednesday, yanked lower by a rally in the euro after U.S. Treasury Secretary Steven Mnuchin cheered the recent slide in the dollar. Utility companies were among biggest decliners after a profit warning from industry major Suez SA.

U.S. stocks retreated from record territory Wednesday as technology names came under pressure, but the Dow managed to buck the trend to close higher on the back of a few blue-chip financial shares.

Asian stocks retreated from record highs on Thursday as investors mulled rhetoric from Trump administration officials on trade and the dollar that roiled the foreign-exchange market. The U.S. currency extended its decline to a three-year low.