TD Ameritrade CEO: Main Street Investors Dial Down Risk @FoxBusiness
http://www.foxbusiness.com/markets/2016/06/27/td-ameritrade-ceo-main-street-investors-dial-down-risk.html
Spooked by Brexit, Financials See Biggest Two-Day Slide in 5 Years @FoxBusiness
http://www.foxbusiness.com/markets/2016/06/27/spooked-by-brexit-financials-see-biggest-two-day-slide-in-five-years.html
Wimbledon Purse Takes Hit After British Pound Implodes @FoxBusiness
http://www.foxbusiness.com/features/2016/06/27/wimbledon-purse-takes-hit-after-british-pound-implodes.html
Yankees, StubHub End Standoff With Ticket Deal @FoxBusiness
http://www.foxbusiness.com/features/2016/06/27/yankees-stubhub-end-standoff-with-ticket-deal.html
Trump, Clinton surrogates brawl as race heats up @FoxNews
https://www.foxnews.com/politics/2016/06/27/trump-clinton-surrogates-brawl-as-race-heats-up.html?intcmp=hpbt1
Banks pull stocks lower as Brexit continues global rout
http://www.reuters.com/article/us-global-markets-idUSKCN0ZC14U
U.S. officials try to calm markets, urge ‘responsible’ UK-EU divorce
http://www.reuters.com/article/us-britain-eu-usa-idUSKCN0ZD1Z6
Required Reading
Top court backs abortion rights in major ruling Factbox: Major abortion rights cases Graphic: Supreme Court roundup Court throws out Virginia ex-governor McDonnell’s corruption conviction Wall Street sings Brexit blues, set for brutal two-day drop S&P strips UK of last top-notch credit rating after Brexit vote On campaign trail with Clinton, liberal Warren dubs Trump…
The Closing Look
Stocks fell hard on Monday as the post Brexit selling continued from Friday. We have no idea how these rating agencies are still in business (after missing all of 2008) or why anyone listens to them, but stocks sold off after Standard & Poor’s lowered the United Kingdom’s sovereign credit rating from “AAA” to “AA.”…