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Global Equity Markets Higher; FOMC Meeting On Deck

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World stock markets were mostly firmer overnight, as the recent selling pressure in technology stocks abated. The U.S. Nasdaq stock index is now showing early technical clues of topping out. U.S. stock indexes are pointed toward firmer openings when the New York day session begins.

Gold prices are lower again in early U.S. trading. Bulls have faded just recently as a four-week-old uptrend has been negated.

Focus is on this week's FOMC meeting that begins on Tuesday morning and ends Wednesday afternoon with a statement.

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