GLOBAL MARKETS-Stocks dip as tax plan assessed; sterling drops

World stock markets edged lower on Thursday, with Wall Street slightly lower and the U.S. dollar modestly weaker after details of a Republican tax plan were released, while sterling dropped after the Bank of England's policy announcement. "There is a lot of hope built into this market right now that is probably a little bit too much optimism based on how the economy is going to grow this year and next," said Scott Wren, senior global equity strategist at Wells Fargo Investment Institute in St. Louis.

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