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U.S. markets news

Sterling, stocks take another Brexit hit; oil, yen rise
LONDON Sterling fell more than 2 percent, the euro took a hammering and stocks dropped again on Monday as Britain's vote to leave the European Union drove investors to seek safety in the yen, gold and low-risk government debt.
Japan's Rebound Leads Asian Shares Higher  Wall Street Journal
UK, Europe stocks continue post-'Brexit' drop; Tokyo rebounds  USA TODAY
BBC News  
Despite Leaders' Assurances, 'Brexit' Leaves Markets Nervous
“Our economy is about as strong as it could be to confront the challenge our country now faces,” George Osborne, the chancellor of the Exchequer, said in London on Monday.
Osborne – juggling daggers  BBC News
UK Official Urges Calm as World Markets Brace for More Uncertainty After ...  ABC News
Barclays and Easyjet shares fall amid FTSE 100 volatility
UK shares remain volatile in the wake of the Brexit vote, with some stocks temporarily suspended. Barclays shares fell more than 12%, while Royal Bank of Scotland fell more than 14%, causing a momentary halt as automatic circuit breakers kicked in.
Barclays and RBS shares suspended amid Brexit crash  CNNMoney
Sterling falls to fresh 31-year low as property and financial shares slide  The Guardian
China a potential winner in Britain-EU breakup
BEIJING - China is a potential winner if Britain and the European Union rework trade deals and look for investors after a British exit.
China's Li says Brexit has increased global uncertainty  Reuters
iQIYI Hosts Debate Session with the World Economic Forum at Summer Davos  PR Newswire (press release)
US banks' stress tests may offer comfort in Brexit tumult
NEW YORK The stress tests created for banks by U.S. regulators after the 2008 financial crisis may prove their worth this week, providing a timely message on banks' hardiness in the midst of turbulence over last week's vote by Britain to leave the ...
Ask Matt: Is the stress-test bullish for bank stocks?  USA TODAY
Citigroup Inc Stock: on the Road to Recovery?  Bidness ETC
Central Texas gas prices on the rise
Gas prices continue to climb, too, although motorists are paying less now than a year ago at this time. The statewide gas price average in Texas is now $2.13 for a gallon of regular unleaded fuel, AAA Texas Weekend Gas Watch said in a news release.
Gas prices in the D.C. metro area are down 2 cents from a week ago  Greenfield Daily Reporter
Nixon says he will veto sweeping Missouri gun rights bill
JEFFERSON CITY, Mo. (AP) - Missouri Gov. Jay Nixon plans to veto Monday a sweeping gun rights bill that would allow the concealed carry of firearms without a permit and expand residents' rights to stand and fight against perceived threats - a move that ...
Missouri governor says he'll veto GOP's plan to loosen state gun laws  STLtoday.com
Missouri Gov. Nixon to veto gun rights bill  fox2now.com
India cuts shortlist for RBI chief to four, moves to staff MPC, officials say
NEW DELHI The government has narrowed its list of candidates to become the next governor of the Reserve Bank of India to four and a new Monetary Policy Committee will be appointed soon, a senior official told Reuters.
Potential Successors To RBI Chief Raghuram Rajan: Key Facts  NDTV
Will the next RBI chief do a balancing act on bank clean-up  Firstpost
Waldorf Astoria To Close For Condo Rebuild In 2017: Reports
waldorf astoria The Waldorf Astoria, the landmark New York hotel, is viewed in New York City, Oct. 6, 2014. Photo: Getty Images/Spencer Platt.
Waldorf-Astoria hotel to shut down for up to three years  New York Post
Classic Waldorf Hotel to Be Gutted, Up to 1100 Rooms Turned Into Condos  Wall Street Journal
Record number of Marylanders expected to travel for Fourth of July weekend
The Bay Bridge is busy on spring and summer weekends as motorists travel to Ocean City. The Bay Bridge is busy on spring and summer weekends as motorists travel to Ocean City.
More than 1 million Washington-area residents planning July 4 travel, AAA says  Washington Post
Cheap Gasoline and a 3-Day Weekend to Fuel Record July 4 Travel  Bloomberg