Stocks, pound fall again due to UK vote uncertainty
NEW YORK (AP) — U.S. stocks indexes headed toward a sharply lower close in late-afternoon trading Monday, reflecting ongoing investor jitters over the fallout of Britain’s vote to leave the European Union.
European stock markets extended their losses from Friday. The British pound, which last week plunged to its lowest level since 1985, continued to fall as traders expected the British economy would take a hit.
On Wall Street, materials companies were among the biggest decliners. Los
Read more »