A brief of global shares on Thursday(7:47 AM - 28/03/2014)
U.S. stocks fell on Thursday, erasing most of the S&P 500's year-to-date gain, as banking and technology stocks led the selloff. The benchmark S&P 500 turned nearly flat for the year after falling almost 1 percent this week as many of the market's biggest trading favorites lost their momentum. A steep drop in Citigroup Inc (C.N) shares, which suffered their biggest daily decline since November 2012, helped push the S&P 500 lower a day after the Federal Reserve rejected the bank's capital plan. The S&P financial index .SPSY lost 0.6 percent and was the worst-performing sector. But the S&P 500 managed to hold above the 1,840 level, which has recently acted as support. At the close, the S&P 500 was up just a fraction of a point for the year.
A brief of global shares on Friday(9:57 AM - 29/03/2014)
Global stock market ended higher on Friday.
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