Brexit Sends U.S. Stocks Into Second Straight Day Of Sharp Decline

By Markets MarketWatch Pulse

The S&P 500 and the Dow Jones Industrial Average finished at their lowest close since March on Monday as investors quit the stock market on mounting uncertainties following the U.K's decision to leave the European Union. Katie Stockton, chief technical strategist at BTIG, expects the equities selloff to continue for the time being although buying interest may revive as the large-cap index nears 1,950. The S&P 500 skidded 37 points, or 1.8%, to finish at 2,000. The Dow Jones Industrial Average tumbled 260 points, or 1.5%, to end at 17,140 and the Nasdaq Composite sank 114 points, or 2.4% to close at 4,594.

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