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European shares tread water with Fed decision looming

European shares ended flat on Wednesday, as gains for the defensive real estate and utilities sectors were countered by losses in luxury good makers, with caution prevailing ahead of the U.S. Federal Reserve’s interest rate decision. After flitting between small gains and losses during the session, the pan-European STOXX 600 …

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European shares tread water with Fed decision looming

(Reuters) – European shares steadied after early declines on Wednesday, as technology shares helped offset losses in luxury goods, while many investors remained on the sidelines ahead of an expected reduction in U.S. borrowing costs by the Federal Reserve. The German share price index DAX graph is pictured at the …

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