European stocks fluctuated

European stocks fluctuated between gains and losses as investors awaited the conclusion of the Federal Reserve's policy meeting for indications on stimulus measures. U.S. index futures were little changed while Asian shares climbed.

The Federal Open Market Committee concludes its two-day policy meeting today, with Bernanke scheduled to speak after the close of European equity markets.

Nordea slid 3.6 percent to 75.90 kronor, the biggest intraday drop since April 24. Sweden sold 260 million shares in the bank at 75 kronor apiece to cut the country's public debt. The sale reduces the government's stake to 7 percent from 13.4 percent.

Swedish lenders SEB AB and Swedbank AB both declined, falling 2.4 percent to 66.15 kronor and 1.3 percent to 156 kronor, respectively.

Konecranes slid 6.2 percent to 22.78 euros after the world's biggest supplier of industrial cranes lowered its full-year profit guidance, saying it now sees operating income ex-restructuring costs at 2012 levels. It had previously estimated an increase in earnings.

Alcatel-Lucent rallied 5.2 percent to 1.49 euros. The company announced plans to sell assets and save another 1 billion euros in fixed costs by 2015 to stem losses and focus the company on more promising business like ultra-high-speed Internet. After 2015, Alcatel will look to cut its debt by 2 billion euros by selling shares on the stock market or through further asset sales, the Paris-based company said.

FTSE 100 6,373.59 -0.62 -0.01%

CAC 40 3,863.65 +3.10 +0.08%

DAX 8,265.35 +35.84 +0.44%

between gains and losses as investors awaited the conclusion of the Federal Reserve's policy meeting for indications on stimulus measures. U.S. index futures were little changed while Asian shares climbed.

The Federal Open Market Committee concludes its two-day policy meeting today, with Bernanke scheduled to speak after the close of European equity markets.

Nordea slid 3.6 percent to 75.90 kronor, the biggest intraday drop since April 24. Sweden sold 260 million shares in the bank at 75 kronor apiece to cut the country's public debt. The sale reduces the government's stake to 7 percent from 13.4 percent.

Swedish lenders SEB AB and Swedbank AB both declined, falling 2.4 percent to 66.15 kronor and 1.3 percent to 156 kronor, respectively.

Konecranes slid 6.2 percent to 22.78 euros after the world's biggest supplier of industrial cranes lowered its full-year profit guidance, saying it now sees operating income ex-restructuring costs at 2012 levels. It had previously estimated an increase in earnings.

Alcatel-Lucent rallied 5.2 percent to 1.49 euros. The company announced plans to sell assets and save another 1 billion euros in fixed costs by 2015 to stem losses and focus the company on more promising business like ultra-high-speed Internet. After 2015, Alcatel will look to cut its debt by 2 billion euros by selling shares on the stock market or through further asset sales, the Paris-based company said.

FTSE 100 6,373.59 -0.62 -0.01%

CAC 40 3,863.65 +3.10 +0.08%

DAX 8,265.35 +35.84 +0.44%