Wednesday Morning Cheat Sheet: 3 Stories Moving Markets
Markets were mixed in Asia on Wednesday ahead of the publication of the Federal Open Market Committee meeting minutes. Japan’s Nikkei climbed 0.21 percent to 13,424.30 while the yen weakened slightly to 97.513 against the dollar. In Hong Kong, the Hang Seng fell 0.69 percent to 21,817.70, while the Shanghai Composite edged up 0.02 percent to 2,072.96. The S&P/ASX 200 climbed 0.43 percent to 5,099.99.
European markets declined as traders braced for evidence of imminent tapering. Germany’s DAX was off 0.04 percent, London’s FTSE 100 was off 0.46 percent, and the STOXX 50 index was off 0.23 percent.
U.S. futures at 8:45 a.m.: DJIA: -0.25%, S&P 500: -0.26%, NASDAQ: -0.26%.
Here are three stories to keep an eye on.