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Brexit boomerang on the markets appears to have come to an abrupt halt as U.S. markets moved solidly higher in the early going. Is this real or a dead-cat bounce?
So how do the markets follow up a momentous week? Pressure may continue amid economic uncertainty stemming from the vote.
It’s a Brexit bust in the stock market. U.S. stocks fell to one-month lows by midday Friday in the wake of Britain’s historic Brexit vote, and tested key support levels.
Brexit won and the markets appear to have lost. After Britain astonished the world with its vote to leave the E.U., markets fell sharply. The U.S. wasn’t immune.
The long awaited “Brexit” vote is underway, and judging from the positive early market tone, there’s a sense Britain might choose to stay in the EU.
And the holding pattern continues. Volume is low as investors huddle on sidelines
Brexit appears to rule the roost in trading again today, with the markets moving to the upside as investors bet that the U.K. will keep its place in the European Union
Mind the gap! There could be turbulence ahead as Britain takes center stage this coming week. Thursday’s British “Brexit” vote on is likely to remain the focus.
Markets moved marginally lower in the early going Friday after Brexit campaigning came to halt in the aftermath of the murder of a British lawmaker.
Fear and ambiguity appear to be choking the global markets after government officials on all sides of the ponds took a wait-and-see stance on interest rates.
There was little drama Wednesday as the Fed did what the markets thought it would and elected to keep the Fed funds rate in a range between 0.25% and 0.5%.
Fed day is here, but there’s little expectation of a rate hike. Speculation centers on what the Fed may say about the economy and possible future rate strategy.
The Fed meets today and tomorrow, but attention appears to be nearly 4,000 miles to the east. All around the world, markets seem spooked about "Brexit."
This coming week could be like going to a movie when you already know the ending. The Fed is meeting, but almost no one expects it to raise rates.
Safe havens beckoned Friday as anxiety filtered through both U.S. and overseas markets. A rally in bonds appears to be weighing on the stock market.
Earlier this year, stock markets around the world closely tracked oil. That faded a bit recently, but seems to be the theme again early Thursday.