GLOBAL MARKETS - World Stock Index set for Record High, Dollar Dips after PPI

GLOBAL MARKET - NEW YORK. NEW YORK, May 14 (Reuters) - MSCI's gauge of stocks across the globe was set for a record high close on Tuesday, while the U.S. dollar edged lower as investors digested U.S. producer prices data and comments from Federal Reserve Chair Jerome Powell.

Major U.S. stock indexes also climbed, with the Nasdaq posting a closing all-time high.