Reply #30: Dollar clambers off 33-month low, stocks fall [View All]

http://www.reuters.com/article/2011/05/03/us-markets-global-idUSTRE71H0EB20110503

(Reuters) - World stocks fell on Tuesday as investors pocketed gains after a five-session winning run, while the dollar edged off a 33-month low, sending crude and copper prices lower.

Equities have been buoyed by robust company earnings in the United States and Europe though high commodity prices, driven by ultra-loose U.S. monetary policy and turmoil in oil-producing Middle East and North Africa, could threaten company margins.

World stocks measured by the MSCI All-Country World Index

shed 0.6 percent after five sessions of gains, and the emerging share index lost 1.2 percent to a two-week low.

The MSCI world gauge gained 3.9 percent last month, and is up 7.5 percent this year.