The Dow Jones Industrial average plunged 500 points on Friday morning—the index’s biggest drop in 10 months — as markets around the world reacted to a vote by citizens of the United Kingdom to leave the European Union.
The Dow fell as much as 538.27 points and the S&P 500 dropped as much as 58.49 points in the first minutes of trading. The Dow Jones index recovered somewhat and was down about 375 points shortly after 10 a.m. E.T.
As America woke up to the news of the economic fallout following the UK’s vote, Wall Street girded itself for what could potentially be the biggest market-moving day since the 2008 global financial crisis…
- Governor Gretchen Whitmer on Her Fight for Abortion Access in Michigan
- Inside the War on Fake Consumer Reviews
- Column: Europe's Refugee Crisis Is Going to Get Worse
- How Lawmakers Are Trying to Protect Abortion Data Privacy
- The Surprising Thing That Could Help Ease Inflation
- Finding the American Dream in Canada
- The Safest Sunscreens to Buy—and Which Ingredients to Avoid
- Fact-Checking 8 Claims About Crypto’s Climate Impact
- How Grief Upsets Your Gut Health
- Who Could Replace Boris Johnson As U.K. Prime Minister?