NEW YORK, N.Y. – Stocks plunged in the U.S. and worldwide Friday after Britain voted to leave the European Union. The result stunned investors, who reacted by rushing to the safety of gold and U.S. government bonds as they wondered what will come next for Britain, Europe and the global economy.
The Dow Jones industrial average plummeted 610.32 points, or 3.4 per cent, to 17,400.75
The Standard & Poor’s 500 skidded 75.91 points, or 3.6 per cent, to 2,037.41.
The Nasdaq composite sank 202.06 points, or 4.1 per cent, to 4,707.98.
For the week:
The Dow fell 274.41 points, or 1.6 per cent.
The S&P 500 shed 33.81 points, or 1.6 per cent.
The Nasdaq lost 92.36 points, or 1.9 per cent.
For the year:
The Dow is down 24.28 points, or 0.1 per cent.
The S&P 500 is down 6.53 points or 0.3 per cent.
The Nasdaq is down 299.43 points, or 6 per cent.