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

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.

Investors on Wall Street were keeping a careful ear out ahead ...