European Stocks Are Little Changed Before Fed Decision
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European stocks were little changed, following two days of gains, as investors awaited a speech by Federal Reserve Chair Janet Yellen to gauge the central bank’s views on its stimulus program and interest rates.
Inditex SA added 4.9 percent after saying sales rose in the first six weeks of the fiscal year. Bayerische Motoren Werke AG jumped to a record after forecasting pretax profit will rise this year. Ophir Energy Plc tumbled to its lowest price since December 2011 after saying it discovered little evidence of hydrocarbons at a well in Gabon.