European shares gain as U.S. market edges lower

10/31/2013 | Bloomberg Businessweek · CNNMoney

Strong corporate earnings helped European shares push past general disappointment over the latest signals from the U.S. Federal Reserve, but U.S. stocks dipped Thursday, with their recent rally apparently played out. Still, eyes remained fixed on the Fed. "The rally in the last three to four years has been led by unconventional monetary policy. ... As a consequence, many assets have become mispriced," said Neil Veitch, investment director at SVM Asset Management in Edinburgh, Scotland.

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Bloomberg Businessweek · CNNMoney

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