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US Stocks Plunge After Brexit Vote

A concerned Chinese investor looks at prices of shares (green for price falling) at a stock brokerage house in Huaibei city, east China's Anhui province, 24 August 2015. Chinese stocks plunged more than 8 percent on... A concerned Chinese investor looks at prices of shares (green for price falling) at a stock brokerage house in Huaibei city, east China's Anhui province, 24 August 2015. Chinese stocks plunged more than 8 percent on Monday (24 August 2015) in panic selling, with flagship indexes smashing key support levels and posting their biggest one-day percentage losses since the height of the global financial crisis in 2007. The latest tumble, which wiped out what was left of market gains this year, was rooted in investor disappointment that Beijing did not announce expected policy support over the weekend after China's main market indexes shed 11 percent last week. The blue-chip CSI300 index tumbled 8.8 percent, to 3,275.53, while the Shanghai Composite Index lost 8.5 percent, to 3,209.91 points, putting it back where it began 2015. MORE LESS
By db
|
June 24, 2016 9:37 a.m.
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NEW YORK (AP) — US stocks plunge in early trading after Britain votes to leave the EU; bonds, gold prices rise.

Copyright 2016 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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