Brexit Rocks Stocks as Dow Falls 1.6%

Sat Jun 25 00:00:00 EDT 2016   |   External Site

Financial markets round the world slumped Friday, blindsided by the previous day’s stunning Brexit vote. The major U.S. stock indexes fell nearly 4% Friday and finished down over 1% on the week, after having been up 2% just before Thursday’s referendum.

 

The U.K. decision to leave the European Union isn’t good for U.S. equity market sentiment in general, with investors already jittery about U.S. and global growth,...Read more.

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