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It happened! And it’s bad…

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Market Recap for Sunday, June 26th, 2016   Friday was a historic day in markets: The U.K. surprised markets by voting to leave the European Union. The move sent global markets into chaos. The S&P 500 tumbled 75 points, losing the most points since September 1, 2015. In fact, S&P 500 futures went limit-down – meaning that trading was halted – after falling 5%. After a small bounce following the market open, US stocks slid through the afternoon and ended with sharp losses that erased year-to-date gains for the S&P 500 and Dow. The Nasdaq fell over 4% on Friday, the biggest one-day drop since 2011. Here’s where the major […]

 

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