European Stocks Steady Ahead of Fed as Traders Seek Policy Clues

European stocks were steady before a widely anticipated Federal Reserve interest-rate cut Wednesday, amid concerns that global monetary easing cycles may be coming to an end.

The Stoxx Europe 600 was little changed at the close. Banks and miners led gains, while autos and utilities lagged. Roche Holding AG rose 2.1% after its experimental pill reduced the risk of an invasive return of a form of breast cancer in a study. Aegon Ltd. shares slid 10% after the Netherlands-based insurer confirmed that it will move its headquarters to the US.