US STOCKS-Brexit fallout crushes financial stocks

lunes 27 de junio de 2016 11:30 GYT
 

* European stocks hammered for a second day

* Dow set for worst two-day decline since August

* JPMorgan down 3.7 pct, BofA down 5.4 pct

* Indexes down: Dow 1.8 pct, S&P 2.1 pct, Nasdaq 2.52 pct (Adds details, comment, updates prices)

By Yashaswini Swamynathan

June 27 (Reuters) - U.S. bank stocks led a steep decline on Wall Street on Monday as aftershocks from Britain's vote to leave the European Union roiled global markets for a second day.

The S&P financial index was down nearly 3 percent by late morning, with investors increasingly worrying about London's future as the region's finance capital.

JPMorgan fell 3.7 percent, while Bank of America dropped 5.4 percent. The stocks were among the biggest drags on the S&P 500.

The Dow has now lost nearly 950 points since the "Brexit" vote outcome, setting it up for the worst two-day decline since August 2015.   Continuación...