Overnight: U.S. stocks fall sharply on Wednesday as Federal Reserve Chairman Ben Bernanke repeats that any reduction in the central bank’s stimulus moves depends on the outlook for the economy. Banks dropped in London on Wednesday after a commission called for sanctions for bad bankers, while oil firms on the decline put further pressure on the U.K. benchmark. European stock markets moved lower in choppy action, as investors remained cautious ahead of the much-anticipated monetary-policy decision from the U.S. Federal Reserve. London: #BHP down 0.45%. #Rio down 0.35%. New York: BHP down 2.75%. Rio down 1.55%.
Posted on: Wed, 19 Jun 2013 23:01:37 +0000
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