European stocks were higher ahead of a decision on monetary policy by the Fed, while Asian stocks closed mixed after some monetary stimulus in China.
Here are five things that matter for markets now:
- The People's Bank of China (PBoC) is reported to have injected 500 billion yuan ($81 billion) into five local banks in a limited monetary stimulus to boost lending. The move sent Chinese stocks higher and is seen as a response to a recent slowdown in economic activity.
- Japanese electronics maker Sony (SNE) widened its loss forecast for this fiscal year, saying it now expects a loss of 230 billion yen ($2.15 billion) compared with a previous forecast of 50 billion yen for the year ending March. Sony, which said the loss was mainly concentrated in its mobile telephones division, cancelled its dividend for the first time since it was listed in 1958.
- European car sales rose for the 12th month in a row due to price cuts and demand for compact models. Data showed registrations increased by 1.8% in August to 701,118 vehicles, but it was the slowest pace of growth this year.
- Activist investor Trian Fund Management wants to force DuPont (DD) to break up, according to the Wall Street Journal. Trian argues that faster-growing agriculture and nutrition should be separated from DuPont's other businesses such as chemical products or construction materials.
- The top U.S. military official said the U.S. might need to deploy some troops on the ground in the fight against Islamic State militants if fighting them in Iraq becomes more difficult. This is at odds with President Obama's ban on deploying troops, but the White House said there was no disagreement.