US STOCKS-Wall St licks its wounds after two-day Brexit rout

martes 28 de junio de 2016 14:54 GYT
 

* Financial and tech stocks rebound

* Energy shares gain as oil gives support

* U.S. first-quarter GDP revised up

* Indexes up: Dow 1.09 pct, S&P 1.27 pct, Nasdaq 1.71 pct (Updates to late afternoon)

By Lewis Krauskopf

June 28 (Reuters) - Wall Street recouped some recent losses on Tuesday as investors sought cheap assets after a two-day equities rout sparked by Britain's decision to leave the European Union.

U.S. indexes joined stock markets around the world in the rebound after global equity markets had shed $3 trillion in value in the two days following Britain's shock vote, according to S&P Dow Jones Indices.

Financials and tech stocks, hit hard in the wake of the referendum, were among the best-performing sectors on Tuesday.

"People are starting to say maybe this is going to take longer than they thought and maybe the impacts on the U.S. market won't be nearly as great as feared," said Rick Meckler, president of LibertyView Capital Management in Jersey City, New Jersey. "So I think you've seen a bit of bargain hunting."   Continuación...