Fed to Markets: The Balance Sheet Wind-Down Will Be Like ‘Watching Paint Dry’

Morning MoneyBeat is the Journal’s pre-market primer. To receive this morning newsletter via email, click here: http://on.wsj.com/MoneyBeatUSSignup OVERNIGHT DEVELOPMENTS Futures pointed to a 0.2% opening loss for the S&P 500, which would take U.S. stocks down a notch from the all-time highs achieved Friday. The Stoxx Europe 600 fell 0.3%, led by falls in the telecom […]