European stocks advance before Fed's meeting

Source: Bloomberg
© Scanpix/Reuters
The Stoxx Europe 600 Index advanced for the third day as it gained 0.3% so far today. However, the index is still 5.3% lower than it was on May 22, when Ben Bernanke indicated that the Fed might end its stimulus earlier. The European stocks rose before today's U.S. housing data and the start of Fed's two-day meeting. S&P 500 Index futures increase 0.3%, while MSCI Asia Pacific Index dipped 0.4%.

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