World Markets Roiled by Brexit as Stocks, Pound Drop; Gold Soars
- Sterling has record drop, equity trade volume jumps in selloff
- Dow sinks more than 500 points, Europe shares plunge 7 percent
Stocks Tumble: How Much Technical Damage Was Done?
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Global markets buckled as Britain’s vote to leave the European Union drove the pound to the lowest in more than 30 years and wiped about $3 trillion from stock market values while sparking demand for haven assets from U.S. Treasuries to gold.
Why Britain Voted to Leave the EU