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The Breakfast Briefing: Global Stocks Lower As Investors Await Fed Meeting, Tech Earnings
FYI: Global stocks fell Monday as investors weighed political developments from trade to Brexit against corporate earnings that have so far proven resilient amid signs of a world economic slowdown.
The Stoxx Europe 600 fell 0.4% in early morning trade, following a mostly downbeat session in Asia.
On Wall Street, futures pointed to opening losses of around 0.5% for the S&P 500 and the Dow Jones Industrial Average.
After kicking off the year with a broad rally on signs of progress in the U.S.-China trade battle and dovish comments from Federal Reserve officials, investors facing key tests this week, including the latest round of trade negotiations, U.S. government talks over border security and the next U.K. parliamentary votes on Brexit. Investors are also awaiting the outcome of the latest Fed policy meeting, which is due to conclude on Wednesday. Regards, Ted
