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World stocks rally stalls, euro slips before ECB

Disagreement between Germany and France over the exchange rate for euro stokes concerns about stability in the euro zone

Reuters  |  New York 

US stocks ended little changed and European equities slipped on Wednesday as investors paused after recent rallies, while the euro fell before a European Central Bank meeting that could reveal concerns about the currency's strength. Traders awaited fresh incentives to push markets higher after boosting the S&P 500 index to five-year highs and euro zone equities to 1-1/2-year peaks. Disagreement between Germany and France over the exchange rate for the euro stoked concerns about stability in the euro zone, adding to uncertainty over the outcome of upcoming Italian elections ...

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