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Federal Reserve hikes rates, leaves door open to more tightening
The Federal Reserve hiked interest rates as expected on Wednesday and left the door open to further tightening if needed.
Europe close: Stocks slip ahead of Fed, LVMH drop hits Cac-40
European shares ended on a mixed note on Wednesday as investor focus turned to the start of the US Federal Reserve’s two-day policy meeting for any clues on the future path of interest rates and also digested another deluge of earnings.
Thursday preview: ECB, Shell in focus
Investors' attention on Thursday would be on the European Central Bank.
U.S. new home sales dip in June
New home sales in the U. S. undershot economists' forecasts by a large margin last month.
US open: Alphabet and Boeing please, banks wanted
US stocks were trading on a mixed note on Wednesday as investors eyed the latest policy announcement from the Federal Reserve later in the session and a mixed batch of earnings releases.
Sector movers: China stimulus speculation boosts miners
Industrial miners lent their heft to the broader market on Tuesday again as investors continued to digest signals from China that its government would support the recovery.