Photographer: Andrew Harrer/Bloomberg

Charting the Markets: Countdown to Fed Decision

The U.S. dollar rises for first day in three, iron ore drops for a second day and BASF earnings are hurt by oil price slump.

Global stocks are little changed as investors await the culmination of the two-day Federal Reserve policy meeting. China's Shanghai Composite Index rebounded from a loss of 4 percent to finish the session 0.5 percent lower, taking the gauge to the lowest since December 2014. Apple isn't immune to China's troubles. The world's biggest company is beginning to see "economic softness" in Greater China, which includes Taiwan and Hong Kong. Apple also projected its first quarterly sales decline since 2003.

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