Global stocks mixed after weak banks earnings, oil reverses gains

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Reuters

By Katanga Johnson WASHINGTON (Reuters) -World equities markets fluctuated after hitting new records on Thursday and ended mixed following the U.S. Federal Reserve’s decision to start scaling back its bond-buying program this month. The Bank of England, in announcing it would keep interest rates on hold, also dashed investors’ expectations for a hike. The S&P 500 and Nasdaq rose to record highs while the Dow Jones Industrial Average slipped from an all-time hit the prior day, dragged down by shares of banks JPMorgan Chase & Co and Goldman Sachs Group. MSCI’s all-country world index posted its …

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