TOKYO—European stocks opened higher Tuesday after a day of steep losses in Asia as markets waited to hear from Federal Reserve chair Jerome Powell after a two-day policy meeting that ends Wednesday. The possibility of conflict between Russia and Ukraine and concern over coronavirus outbreaks also were adding to uncertainties. France’s CAC 40 edged up 1.1 percent to 6,861.14 in early trading, while Germany’s DAX added 0.6 percent to 15,100.95. Britain’s FTSE 100 rose 0.5 percent to 7,334.99. The future of the Dow Jones Industrial Average was 1.1 percent lower, while the S&P 500 future fell 1.6 percent. On Monday, a late buying spree pushed the benchmark S&P 500 index to a 0.3 percent gain after pulling it out of so-called correction territory—a drop of 10 percent or more from its recent high. The Fed meeting will provide an update on policymakers’ latest thinking on the economy and interest rates. …
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