* MSCI World index steady after scoring record highs for 7 days

* Wall Street slips, European shares fall

* Japanese stocks powered up by stimulus hopes

* Euro edges up against dollar before Thursday ECB meeting

* Aussie slips even as RBA goes ahead with tapering (Updates prices throughout)

By Chris Prentice and Danilo Masoni

WASHINGTON/MILAN, Sept 7 (Reuters) – U.S. shares were mixed and global equities retreated from record highs on Tuesday, as mounting worries over the slowing pace of economic recovery and the impact of the coronavirus Delta variant overtook investors’ hopes the Federal Reserve will delay tapering.

Key U.S. equity benchmarks were down and the MSCI world equity index retreated from a record hit overnight, following seven consecutive days of gains to all-time highs. Earlier in the session, hopes of extra stimulus in Japan and strong China trade data had boosted Asia shares.

The Dow Jones Industrial Average fell 209.2…

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