Britain’s shocking decision to quit Europe spooked investors around the globe Friday, causing stock markets to tank and producing the most chaotic trading day since the depths of the 2008 financial crisis. Fearing Brexit would spark another full-blown crisis, investors dumped stocks and piled into less risky investments like Treasuries and gold.

Topics:  europe   fearing brexit   dow   jones   crisis   investors   
BING NEWS:
  • ASX 200, AUD fall on Israeli strike on Iran; bourse erases 2024 gains; gold and oil rise
    Welcome to the Trading Day blog for Friday, April 19. ASX 200 to fall. Inquiry into casino group Star’s licence suitability continues amid billionaire play. US markets mixed, bond yields rise on ...
    04/19/2024 - 4:46 am | View Link
  • Gold on track for weekly rise as Middle East risks loom
    The psychological mark of 22,000 holds intermediate support, followed by strong support of the 21800-21700 subzone. On the higher end, the 20-DEMA placed at 22300, followed by a bearish gap of ...
    04/19/2024 - 3:09 am | View Link
  • Stock market today: Dow drops 475 points as Israel braces for potential attack from Iran
    Investors were unimpressed with first-quarter earnings results from the mega-banks, with shares of JPMorgan declining by more than 6%.
    04/12/2024 - 9:13 am | View Link
  • Stock market today: Dow drops 422 points as hot inflation scrambles rate outlook
    Odds of a June rate cut have been slashed as the Fed looks like it will have to grapple with further bouts of high inflation.
    04/10/2024 - 9:08 am | View Link
  • Dow closes 422 points lower after a surprisingly bad inflation report
    The blue-chip Dow closed 422 points, or 1.1% lower. The S&P 500 lost 1% and the tech-heavy Nasdaq Composite fell by 0.8%. US consumer prices picked up again last month, vaulting to a 3.5% increase ...
    04/10/2024 - 2:02 am | View Link
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