US STOCKS-Wall St sings Brexit blues with brutal two-day slide

lunes 27 de junio de 2016 16:20 GYT
 

* Materials, financial, energy shares hit hard

* JPMorgan, BofA among biggest drags on S&P 500

* Utilities, telecoms end strongly higher

* Indexes down: Dow 1.5 pct, S&P 1.81 pct, Nasdaq 2.41 pct (Updates to close of U.S. markets)

By Lewis Krauskopf

June 27 (Reuters) - Wall Street tumbled again on Monday after Britain's shock vote to leave the European Union, sending major U.S. stock indexes to their worst two-day swoon in about 10 months.

All three main indexes fell at least 1.5 percent in the wake of Thursday's referendum that has roiled global markets and led investors to seek safe-haven assets.

The Nasdaq dropped more than 2 percent, underperforming the other major indexes, amid fears that fallout from Britain's decision could hit business investment spending in the technology sector.

Along with tech, materials, financials and energy were the worst-performing sectors.   Continuación...