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11-15-2018, 05:05 AM
Global Stocks Reverse Gains as UK Government Plunges Into Brexit Turmoil

Global stocks reverse gains, sending U.S equity futures into the red, after a key U.K. lawmaker resigns from government over Prime Minister Theresa May's Brexit deal, triggering the potential for a leadership challenge or fresh national elections. Shares in Asia were also supported by solid China housing data and a weaker U.S. dollar, with the MSCI benchmark rising 1.2% towards the close of trading. Global stocks reversed solid early-session gains Thursday after Britain's top U.K. lawmaker tasked with leading Britain's exit negotiations with the European Union resigned, throwing the recently-agreed deal to take the U.K. out of the bloc into chaos and threatening the leadership of Prime Minister Theresa May.

https://finance.yahoo.com/m/6080798a-1357-39de-a3b3-1f9d74492890/global-stocks-reverse-gains.html?.tsrc=rss