REUTERS: The S&P 500 was flat on Thursday as gains in Facebook and Microsoft were overshadowed by 3M's bleak quarterly report, which sparked concerns about slowing global growth.
Gains in social media company lifted the communication services index 1.2per cent, the most among the major S&P sectors. The index is 0.4per cent below its record high hit in late September, struggling to break above the level as investors await more positive catalysts.Channel NewsAsia - Sentifi topic widget
The top gainer on the S&P 500 was Lam Research, which jumped 6per cent as the semiconductor equipment maker reported better-than-expected quarterly results.
Source: News Formal (newsformal.com)
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