Brexit-news Tube

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at 2016.10.13
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Brexit Causes Economic Chaos

The Brexit vote is causing shoves across the globe. Stocks have tanked since the news that the UK will leave the EU. Ana Kasparian, Ben Mankiewicz, Jimmy Dore, and John Amato, hosts of The Young Turks, break it down. Tell us what you think in the comment section below.

“The U.S. stock market suffered its worst drop in 10 months Friday as shock over the United Kingdom voters’ move to exit the European Union and Prime Minister David Cameron’s subsequent resignation announcement sent global markets into a tailspin.

Amid swirling uncertainty over the impact of the “Brexit,” the Dow Jones industrial average tumbled 611 points, or 3.4%, to close at 17,400. The Standard & Poor’s 500 fell 3.6%. The losses dropped both stock measures back into negative territory for 2016. The Nasdaq composite, which already had been in the red for the year, fell 4.1%.

The drop erased roughly $800 billion in U.S. market value, as measured by the Wilshire 5000 index.”

Read more here: http://www.usatoday.com/story/money/markets/2016/06/24/brexit-bombshell-torpedoes-global-markets/86323890/

Hosts: Ana Kasparian, Ben Mankiewicz, Jimmy Dore, John Amato

Cast: Ana Kasparian, Ben Mankiewicz, Jimmy Dore, John Amato

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