Economic news

Review: European stocks fall

European stocks are expected to open lower Wednesday as investors react to the actions of U.S. legislators to delay a vote on healthcare reform as well as on comments from Federal Reserve Chairwoman Janet Yellen, who confirmed that plans to continue raising interest rates.

All major European indices are ready to give back weekly increase, according to the opening prices, although the London’s FTSE 100 is likely to track the motion relative to the pound, which rose to 1.2871 against the U.S. dollar during the Asian session.

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