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?

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.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.