European Stocks Fall Despite Earnings Results

European stocks fell on Wednesday under the weight of fears of a slow economic recovery while most investors were reluctant to take positions ahead of the US Federal Reserve’s decision on monetary policy.

The European Stoxx600 index fell 0.4% in early trade after losses in Asian markets and Wall Street.

Microsoft’s strong results did not help the technology sector in Europe, which fell 1.3%, while the shares of mining, oil and gas and banking companies fell about 1% for each sector.