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U.S. markets news

Markets reel as world absorbs shock of UK vote for Brexit
LONDON - Britain has jumped. Now it is wildly searching for the parachute. The U.K.'s unprecedented decision to leave the European Union sent shockwaves through the country and around the world Friday, rocking financial markets, toppling Prime Minister ...
How Europe should respond to Brexit  CNN
World stocks tumble as Britain votes for EU exit
NEW YORK Global stock markets lost about $2 trillion in value on Friday after Britain voted to leave the European Union, while sterling suffered a record one-day plunge to a 31-year low and money poured into safe-haven gold and government bonds.
Dow Industrials Plunge on 'Brexit'  Nasdaq
How Referendums Threaten the EU  STRATFOR
European Banks Take Beating After 'Brexit' Vote
Europe's struggling banks were dealt a fresh blow Friday as the U.K. voted to leave the European Union, sending share prices plunging and fueling concerns about banks' long-term profits and health.
European cities lobby for London businesses following Brexit  New York Post
This is Brexit: London and European stocks get crushed  CNNMoney
Read President Obama's Remarks on 'Brexit' and Globalization
President Barack Obama said Friday that the U.K. vote to leave the European Union would not change the “special relationship” the country has with the United States.
Obama, Zuckerberg, Pichai preach entrepreneurship at conference  USA TODAY
Obama: Entrepreneurship has never been more important  CNNMoney
15 US stocks get absolutely crushed by 'Brexit'
The United Kingdom's decision to pull out of the European Union is sending global markets sharply lower. But the pain is being felt hardest by a handful of companies most exposed to the decision.
Shares of BorgWarner Inc. Drop 10% After Brexit Vote  Motley Fool
BorgWarner Inc. (NYSE:BWA) Median EPS Target At $0.9  Enterprise Leader
Worst day in 10 months as Wall Street reacts to 'Brexit'
NEW YORK The S&P 500 turned negative for the year-to-date on Friday as Wall Street suffered its largest selloff in 10 months after Britain's decision to leave the European Union caught traders wrong-footed.
Watershed Vote Ruins S&P 500 Week Though Bulls Elude Armageddon  Bloomberg
Stocks Plunge as Britain Votes to Leave European Union; Dow Closes Down Over 600  NBC New York
What investment managers are saying about 'Brexit'
To star Los Angeles investor Jeffrey Gundlach, bull markets and bear markets aren't about how much stocks have climbed or fallen, but about teamwork - whether players in the economy are working together.
Gundlach: Calm Down, Avoid Stocks, Buy Gold and Bonds  Newsmax
Jeff Gundlach dumped his entire stake in European stocks right before the ...  Business Insider
Energy Transfer Cleared to Walk Away From Williams Takeover
Billionaire Kelcy Warren just won a huge hand in the biggest M&A poker game he's ever played in the U.S. oil patch. Eighteen months after Warren's Energy Transfer Equity LP began talks to acquire rival pipeline giant Williams Cos.
Court says ETE can walk away from $20 bln Williams takeover  Reuters
Energy Transfer Equity Announces Chancery Court Decision in Litigation with ...  Business Wire (press release)
Breitling's 'Frack Master' bilked investors out of $80 million, SEC says
Chris Faulkner, of Breitling Oil and Gas, spoke before the Denton City Council as it considered a fracking ban in July 2014. Joyce Marshall Star-Telegram.
SEC charges Breitling Energy, CEO Faulkner, general counsel in fraud case  FuelFix (blog)
SEC Issues Charges Surrounding $80 Million Oil and Gas Fraud  24/7 Wall St.
Illinois insurance co-op sues feds over health law payments
A struggling Illinois health insurance co-op is suing the federal government, claiming it is being shortchanged $72.8 million in promised payments under the Affordable Care Act.
Can 'Miss Obamacare' Save Health Care? Enrolling Latinos Is Critical  Progress Illinois
GOP health insurance plan would make workers pay tax on benefits  Knoxville News Sentinel