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Stocks slip as investors turn cautious ahead of Fed meeting

Reuters

By Tommy Wilkes LONDON (Reuters) – Stocks gave up early gains on Monday as confidence that economies are recovering rapidly was overshadowed by caution over the speed of the market’s rally and ahead of a U.S. Federal Reserve policy meeting. The start to the week was quiet as investors refrained from taking on large positions before a two-day Fed meeting that will begin on Tuesday and the impending release of quarterly gross domestic product numbers for the United States. Investors have remained ebullient in recent weeks, with Wall Street hitting another intraday record high on Friday and Europ…

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 26.04.2021

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