U.S. stocks climbed, with the S&P 500 Index on track for a quarterly advance, as markets showed further signs of stabilizing after wide swings in the wake of Britain’s decision to leave the European Union.
By Sofia Horta e Costa and Dani Burger Bloomberg News
(Updated, July 1, 5:05 p.m.)
Editor's note: This is the second of a four-part series exploring how well Rhode Island cities and towns are funding municipal pension and benefit plans and the public-policy ramifications.
James Brady sits outside a …
Webster Private Bank, from a purely economic point of view, estimates that Brexit – that is, last week’s British exit from the European Union – will not have a significant impact on global growth.
U.S. stocks tumbled, joining a worldwide selloff with the Dow Jones Industrial Average dropping more than 350 points, as the U.K.’s decision to leave the European Union fanned speculation that a divided Europe would put another brake on already fragile global growth.
By Anna-Louise Jackson and Oliver Renick Bloomberg News