European stocks close: most stocks closed higher as investors are awaiting the Fed' interest rate decision today

Most stock indices closed higher. Corporate earnings weighed on markets.

Investors are awaiting the Fed' interest rate decision today. They expect that the Fed will end its bond-buying program. Investors are awaiting new signs for further monetary policy in the U.S. The slowdown of the global growth and recent weaker-than-expected U.S. economic data could lead that the Fed will keep its low interest rate for a longer period.

Fiat Chrysler Automobiles NV shares surged 12% after the company said it spin off its Ferrari unit.

Sanofi shares dropped 5.51% after the company removed its chief executive.

STMicroelectronics NV shares dropped 10.0% after the company said fourth-quarter sales will decline around 3.5% because of weaker demand, and reported the weaker-than-expected third-quarter net revenue.

Schneider Electric SE shares rose 2.7% after reporting the better-than-expected third-quarter revenue.

Total SA shares climbed 2.0% after posting the better-than-estimated third-quarter net income.

Indexes on the close:

Name Price Change Change %

FTSE 100 6,453.87 +51.70 +0.81%

DAX 9,082.81 +14.62 +0.16%

CAC 40 4,110.64 -2.03 -0.05%