Photo: Zuma PressBREXIT AND THE MARKETSThe dollar rose 0.8% against the yen, which tends to gain during times of market stress. The gains follow two days of losses that wiped out $3 trillion from global stock markets. Financial markets showed signs of stabilizing Tuesday following sharp declines in the British pound and global equities after the U.K. voted to leave the European Union last week. The pound rose 0.8% against the dollar to $1.3342, though it remained near a three-decade low reached Monday after a steep selloff following the vote. London stocks and the pound both rebounded Tuesday for the first time since the U.K. referendum result.

Source: Wall Street Journal June 28, 2016 07:38 UTC