European Stocks Snap Six-Day Rally

European stocks snapped a six-day winning streak before Federal Reserve policy makers meet and as investors wait for progress on U.S. budget talks. The Swiss franc weakened after UBS AG said it will charge clients for deposits in the currency.

Fed's Dudley Speaks About Household Debt, Negative Rates
57:08 - (Bloomberg) -- Federal Reserve Bank of New York President William Dudley speaks about the U.S. economy, household debt and monetary policy. Dudley and other officials speak at a New York Fed news conference. (Source: Bloomberg)
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