U.K. stocks declined, snapping four days of gains, as investors awaited the outcome of a Federal Reserve policy meeting for signals about when the central bank will scale back stimulus measures. The FTSE 100 Index plummeted 25.39 points, or 0.4%, to 6,348.82 at the close in London. The equity benchmark has still lost 7.2% since Fed Chairman Ben S. Bernanke said May 22 that the central bank could scale back stimulus if the U.S. economy improves sustainably. The broader FTSE All-Share Index retreated 0.3%, while Ireland’s ISEQ Index gained 0.6%.
Posted on: Thu, 20 Jun 2013 06:30:23 +0000
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