Europe shares close higher, despite investor caution
European shares closed higher on Friday, despite investors' caution ahead of the U.S. Federal Reserve meeting next week. The pan-European FTSE Eurofirst 300 close provisionally 0.2 percent higher at 1,250.08 points.
European and Asian equity markets were pressured as investors booked profits after the recent market run-up, and as caution set in that the Fed may announce a tapering of its $85-billion-a-month asset-purchase program next Wednesday.
Meanwhile, worries over Syria lingered as U.S. Secretary of State John Kerry and Russian Foreign Minister Sergei Lavrov held open talks on disarming Syria's chemical weapons programs. In remarks after Thursday's meeting, Kerry said pledges of Syria's regime to give up its chemical arms were "simply not enough."
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Social media messaging site Twitter remained in the spotlight after it filed confidentially for an initial public offering (IPO) of stock. Goldman Sachs is the lead underwriter, sources told CNBC. Shares of social media companies like Facebook and LinkedIn ticked slightly higher after Twitter disclosed it had filed.
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