European shares turn red in jittery pre-Fed trade

LONDON, June 19 Wed Jun 19, 2013 8:38am BST

LONDON, June 19 (Reuters) - European shares reversed early gains on Wednesday to turn red, with traders saying investors were adjusting positions ahead of a U.S. Federal Reserve policy decision which may shed some light on the duration of stimulus.

The FTSEurofirst 300 was down 0.4 percent at 1,178.80 points by 0735 GMT, retreating from a session high of 1,186.52 points .

Nordea was the top faller after Sweden said it has sold shares in the bank at below the current market price.

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