Tech’s Brexit Shock May Still Be Coming - News Summed Up

Tech’s Brexit Shock May Still Be Coming


Technology stocks rebooted quickly from the Brexit surprise. But the approaching earnings season could force investors to hit the reset button again. The vote by British citizens to leave the European Union took place in what was the final week of the quarter for 70% of the technology firms listed on the S&P 500 roster. That will likely limit the impact on earnings results for that period. However, forecasts for the third...


Source: Wall Street Journal July 04, 2016 15:45 UTC



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