Stocks Drop but Pound Recovers as UK Lays out Brexit Plan - News Summed Up

Stocks Drop but Pound Recovers as UK Lays out Brexit Plan


On Wall Street, the future for the Dow Jones industrial average lost 0.3 percent and that for the Standard & Poor's 500 index fell 0.4 percent. The British pound has lost one-fifth of its value since then. ASIA'S DAY: Tokyo's Nikkei 225 index lost 1.5 percent to 18,813.53 and the Shanghai Composite Index gained 0.2 percent to 3,108.77. ENERGY: Benchmark U.S. crude gained 56 cents to $52.93 per barrel in electronic trading on the New York Mercantile Exchange. Brent crude, used to price international oils, rose 49 cents to $56.35 in London, having lost 39 cents the previous session.


Source: ABC News January 17, 2017 06:13 UTC



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