Brexit hits Wall Street as Dow Jones industrial average down 510 points | business-news | Hindustan Times
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Brexit hits Wall Street as Dow Jones industrial average down 510 points

Britain EU Referendum Updated: Jun 24, 2016 19:25 IST
AFP
AFP
Brexit

After the Brexit vote, the Dow plunged more than 500 points in opening trade on Friday.(AP file photo)

Britain’s surprise vote to exit the European Union sent international stock markets sharply lower as the Dow plunged more than 500 points in opening trade on Friday.

About five minutes into trade, the Dow Jones Industrial Average stood at 17,500.74, down 510 points, or 2.8%.

The broad-based S&P 500 fell 2.7% to 2,055.42, while the tech-rich Nasdaq Composite Index dropped 3.5% to 4,737.79.

Read: Eye on trade, economy: What Brexit means for India