Stocks Pare Gains, Euro Cuts Losses as Draghi's ECB Boost Fades

March 10, 2016 2:16 PM

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Stocks pared gains while the euro recouped losses versus the dollar amid concern that the European Central Bank’s expanded stimulus won’t be enough to jumpstart growth in the region.

The Stoxx Europe 600 erased almost all of a 2 percent gain while the euro traded higher versus the dollar than its level before the ECB announced cuts to key interest rates and increased the scope of its bond-buying program that exceeded market expectations. U.S. stock futures trimmed an advance ami...

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