Stocks slide on Brexit fears as investors seek safe havens

June 10, 2016 6:02 PM

25 0

NEW YORK Investors swapped equities for less risky assets such as U.S. Treasury bonds and the Japanese yen on Friday on fears about the potential impact of Britain's referendum on whether it should leave the European Union, which takes place in less than two weeks.

An index of world equity markets was on pace for its worst session in more than 4 months after having snapped a five-day winning streak on Thursday, while oil prices slid and were off 2016 highs hit this week due to a stronger dollar.

Also read: Comcast gains unconditional EU antitrust approval to buy Sky

Read more

To category page