By MarketWatch Premarket news U.S. stock futures were surrendering earlier gains. The European Central Bank said it would loan $641 billion to 523 euro-area banks. Oracle’s quarterly earnings and sales come in lower than expected by analysts. Economic Report: Bank of Japan cuts economy view, holds rate steady The Bank of Japan said the nation’s economic recovery has stalled due to sluggish conditions abroad and a rising yen, while keeping its policy rate unchanged. Economic Report: Bank of Japan European stocks pare gains after ECB funding move European shares gave up earlier gains after the European Central Bank’s funding operation for the region’s banks showed a higher level of lending than expected. European Markets London Markets: U.K. stocks rise, lifted by banks British stocks declined, with early gains for banks and miners that lifted the market evaporating. London Markets Asia Markets: Most of Asia rallies as Shanghai stocks retreat Most Asian stocks rallied after strong U.S. and German data on Tuesday had the effect of dissipating some worries about global economic health. Asia Markets Metals Stocks: Gold futures extend gains in Asian trading Gold futures extended gains as part of a broader rise across commodity markets. Metals Stocks

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