U.K. stocks fell, snapping four days of gains, as investors awaited the conclusion of a Federal Reserve policy meeting for signals as to whether the central bank will scale back stimulus measures.
The FTSE 100 Index dropped 44.25 points, or 0.7 percent, to 6,329.96 at 8:31 a.m. in London. The equity benchmark has lost 7.5 percent since Fed Chairman Ben S. Bernanke said May 22 that the central bank may scale back stimulus if the U.S. economy improves sustainably. The broader FTSE All-Share Index also fell 0.7 percent today, while Ireland’s ISEQ Index slid 0.1 percent.
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