European Stocks Dip Despite Chinese Stimulus

LONDON — European stocks were slightly lower Wednesday, paring gains from the previous session on the back of Chinese stimulus measures.in Commerzbank to around 21% and submitted a request to boost that holding to up to 29.9%. It follows UniCredit's move to take aWednesday that Bettina Orlopp will take over as chief executive officer in the near future, dipped 0.3% during morning deals.Sign up for NBC New York's News Headlines newsletter.

Sweden's central bank said a rate cut of 50 basis points is possible at one of these meetings. One basis point equals 0.01%.were largely range-bound overnight, although Hong Kong's Hang Seng index extended its rally and climbed 2.2% on the back of the announced stimulus, while mainland China's CSI 300were slightly lower Wednesday morning. The major three averages are on track for a positive month, though concerns that the U.S.

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