Stocks Mixed Before Fed Decision; Dollar Weakens: Markets Wrap

(Bloomberg) — Stocks struggled for direction in most markets and Treasuries held steady in the run-up to Wednesday’s decision from the Federal Reserve’s policy meeting.The Stoxx Europe 600 Index opened modestly lower as earnings rolled in, with Barclays Plc shares slipping after U.K. bank’s provisions for bad loan losses exceeded market estimates. U.S. index futures swung from losses to gains, while the dollar fell against a basket of its major peers. Gold was little changed at about $1,960 an ounce.Shares slid in Japan, where Fitch Ratings lowered its outlook on the country’s debt and earnings at Canon Inc. disappointed. Stocks …read more

Source:: Yahoo Finance

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