27/03/14 Market Movements
The FTSE100 down 16.98 points at 6,588.32 as the FTSE declined from a two week high as Royal Bank of Scotland Group Plc dropped after its U.S. subsidiary failed the Federal Reserve’s stress test.
RBS closed down 1.37% after the Fed rejected RBS’s capital plan.
The latest fall means the FTSE100 has now dropped by 4% since 24th February and 2.4% since the start of 2014.(the second-worst performance by a developed Eurpean market this year).
CAT stock is currently up 1.01% at $98.78