Wednesday markets wrap: European stocks waver as US investors brace for Fed hike

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Wednesday markets wrap: European stocks waver as US investors brace for Fed hike
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Euronext Dublin dipped fractionally while London’s FTSE 100 was weighed down by controversy surrounding NatWest and Nigel Farage

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Euronext Dublin dipped slightly on Wednesday as global markets wavered, with US traders bracing for another hike by the Federal Reserve in a development that sent stocks lower.

The Iseq 20 – the benchmark index of the most-traded Irish companies listed on the Irish stock exchange – dipped fractionally, with major hitters including Uniphar, Kingspan and Permanent TSB all dropping in the day’s trading.

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