January 29, 2014 / 2:50 PM / in 4 years

Mexican stocks fall over 1 pct ahead of Fed stimulus decision

MEXICO CITY, Jan 29 (Reuters) - Mexican stocks fell more than 1 percent on Wednesday as traders showed caution ahead of a U.S. Federal Reserve decision on its stimulus due later in the day.

The Fed’s stimulus program has helped lift emerging market stocks, and any major roll-back is seen as damaging to Mexican equities. The IPC index tracked U.S. , Brazilian and Chilean stock markets lower.

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