German shares decline as Fed meets

Source: Bloomberg
© Scanpix/Reuters
German shares fell ahead of the Fed policy meeting, which could indicate whether the Fed officials will start tapering stimulus at its meeting today. The DAX Index slid 0.4% to 8,186.71 as 9:38 a.m. Frankfurt time; moreover, the gauge declined 1.5% past week on worries that the Fed could start to scale back the monetary stimulus programme. The broader HDAX Index dropped 0.3% today.
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