European stocks were marginally higher this morning as uncertainty over the timing of the US Federal Reserve's reduction of its stimulus programme continued to keep investors on edge.
London's FTSE edged eight points (0.1%) higher to stand at 6,568 by 11am, while the Paris CAC was up seven points (0.17%) to 4,141 and the Frankfurt DAX added 14 points I0.15%) to trade at 9,206.
Dublin's ISEQ index was marginally lower this morning, dipping seven points (0.15%) to 4,401. Shares in Kingspan fell 1.5% to €12.08, while Fyffes was down 1.8% to 82 cent and Donegal Investment Group lost 2.3% to €6.35. Green REIT was among today's gainers, adding 2.5% to €1.24, while Datalex was up 2.4% to €1.19.
Stocks were mostly lower in Asian trade earlier today, with trading cautious ahead of next week's US Federal Reserve meeting. Tokyo's Nikkei index lost 39 points (0.25%) to close at 15,611 while the Hang Seng index in Hong Kong fell 67 points (0.28%) to finish at 23,744.
US stocks edged higher on Wall Street last night, with the S&P 500 closing at another record high, as traders awaited more clues from the Federal Reserve on whether it would soon begin winding down its economic stimulus. The Dow Jones rose five points (0.03%) to finish at 16,026, while the S&P 500 gained three points (0.18%) to end at 1,808 - a record closing high. The Nasdaq Composite added six points (0.15%) to close at 4,069.