The Morning Look
Market Update: Futures are higher ahead of Thursday’s open as investors wait for the outcome of the much anticipated Brexit vote. The United Kingdom will vote in a referendum to decide whether Britain will remain in the European Union (the referendum is known as the “Brexit”). Polls will open at 2 a.m. EDT and close at…
Medicare to Exhaust Fund Reserves in 2028: Trustees @FoxBusiness
http://www.foxbusiness.com/politics/2016/06/22/medicare-to-exhaust-fund-reserves-in-2028-trustees.html
GM, Ford Dominate ‘Made in America’ List @FoxBusiness
http://www.foxbusiness.com/features/2016/06/22/gm-ford-dominate-made-in-america-list.html
Fmr. Trump Advisor: Leadership Changes Got the Best of Me @FoxBusiness
http://www.foxbusiness.com/politics/2016/06/22/fmr-trump-advisor-leadership-changes-got-best-me.html
Supreme Court’s Alito sells oil company shares, documents show
http://www.reuters.com/article/us-usa-court-alito-idUSKCN0Z82BQ
Fed’s Yellen says no special meetings scheduled over Brexit
http://www.reuters.com/article/us-usa-fed-brexit-idUSKCN0Z81ZC
Trump accuses Clinton of corruption, attacks policy record
http://www.reuters.com/article/us-usa-election-idUSKCN0Z81LT
FedEx Spends Big To Meet Walmart, Amazon Demand @FoxBusiness
http://www.foxbusiness.com/markets/2016/06/22/fedex-spends-big-to-meet-walmart-amazon-demand.html
The Closing Look
Stocks fell on Wednesday as Yellen wrapped up her testimony on Capitol Hill and investors waited for Thursday’s Brexit vote. Stocks were mostly quiet with a little bounce in health care stocks early in the day on a favorable court ruling. But sellers showed up by the close and erased some of the gains by…