UPDATED 6:50 ET

>> STOCKS – European stocks rose, rebounding from yesterday’s decline, as investors waited for the Federal Reserve to decide whether to reduce its monthly asset purchases. U.S. index futures and Asian shares also gained.

>> BONDS – Treasuries snapped the biggest advance in a month before the Federal Reserve announces a decision on whether it will slow asset purchases at the end of a two-day policy meeting today.

>> COMMODITIES – Brent crude declined for a second day before the Federal Reserve decides whether to pare stimulus in the world’s biggest oil consumer.

>> CURRENCIES – The pound rose for the first time in six days versus the dollar after U.K. unemployment fell, fueling speculation the central bank will need to raise interest rates sooner than it plans.

>> ECONOMIC DATA – US Building Permits due at 8:30, Crude Oil Inventories at 10:30, FOMC Statement at 14:00, FOMC Press Conference at 14:30, NZD GDP at 16:45 ET.