Switzerland shares retreat

Source: Bloomberg
© Scanpix/Reuters
Shares in Switzerland fell, erasing earlier gains, ahead of the Fed policy meeting. The SMI slipped 0.3% to 7,674.84 as of 9:36 a.m. Zurich time, erasing an advance of 0.4%; moreover, the equity benchmark has dropped 8.7% since May 22, when the Fed's Bernanke announced that they could start to taper stimulus if the economy grows. The Swiss Performance Index slid 0.3% today.

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