World stocks tread water as traders eye Fed pause prospects

News Snapshot:

[1/2] The London Stock Exchange Group offices in the City of London, Britain, December 29, 2017. REUTERS/Toby Melville/File Photo LONDON, June 6 (Reuters) - European stocks started Tuesday mixed, as soft U.S. economic data reinforced expectations the Federal Reserve may skip an interest rate hike when it meets next week. The pan-European STOXX 600 index (.STOXX) was up 0.1% to 460.40 at 0830 GMT. In the previous session, the index dropped as data pointing to tepid U.S. business activity sparked profit-taking following gains in the prior week. Germany's DAX (.GDAXI) was flat, while London's FTSE dipped 0.3% (.FTSE). British retail...