- Global equities are mixed as markets mull the impact of U.S. Congressional leaders agreeing to a budget deal.
- Such an agreement would normally be construed as a good thing, but not so when there's the Fed's QE to consider.
- "The deal...would certainly have the potential to bring forward the prospect of tapering," says Interactive Investor's Rebecca O'Keeffe. This, in turn, would weigh on stocks.
- Asian shares are lower, with profit-taking also affecting shares. Japan -0.6%, Hong Kong -1.7%, China -1.5%, India -0.4%.
- EU Stoxx 50 +0.3%, London +0.1%, Paris +0.7%, Frankfurt +0.2%, Milan -0.2%, Madrid +0.5%.
- U.S. stock futures: Dow flat. S&P flat. Nasdaq -0.05%.
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