European shares fall before U.S. housing data

Source: Bloomberg
© Scanpix/Reuters
European shares declined before the U.S. house data, which could indicate whether the Fed will start tapering stimulus at its meeting today. The Stoxx Europe 600 Index slid 0.5% to 291.94 as of 8:08 a.m. London time; however, the gauge advanced to its highest level in one week on Monday. Standard & Poor's 500 Index futures gained less than 0.1%, while the MSCI Asia Pacific Index fell 0.1%.

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