World stocks mixed after US economic data

By The Associated Press

Published June 17, 2014 4:04pm ET

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World stocks mixed after US economic data — A woman walks under a screen indicating the U.S. dollar rate in Tokyo, Tuesday, June 17, 2014. Japan's benchmark Nikkei 225 rose 0.4 percent to 14,991.04, rebounding from a sharp 1.1 percent drop the day before as the yen weakened 0.1 percent to 101.97 versus the dollar. (AP Photo/Koji Sasahara) | Koji Sasahara

LONDON (AP) — World stock markets struggled to rise Tuesday after mixed U.S. economic data and as investors became cautious ahead of a U.S. Federal Reserve meeting.

Figures showing a drop in the rate of home construction in the U.S. and a rise in consumer price inflation left stocks without much momentum. Traders are now mainly focused on the Fed meeting and its implications for the economy.

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