The three major U.S. stock indices shed some of last week’s big gains, the British pound dropped to a 31-year low and oil pulled further back from $50 a barrel as the recent British vote to leave the European Union continued to roil world markets Tuesday.
The Dow Jones industrial average and the Standard and Poor’s 500-stock index both finished the trading day down more than 0.6 percent. The tech-heavy Nasdaq was down 0.8 percent. Their slump followed a global tumble, with Japan’s Nikkei 225, Hang Sen in Hong Kong, Australia and most European markets...
01:03 Sterling slides to three-month lows on 'hard Brexit' fears15
15:02 U.S housing starts surge in December; jobless claims near 43-year low13
12:23 Sterling volatile as market speculates on ‘hard Brexit’; investors await May's speech18
05:09 Sterling slides to 3-month lows on 'hard Brexit' fears14