With two days to go until Britain’s referendum on EU membership that will shape the future of the European Union and the West, polls and surveys indicated public opinion is so divided that the outcome is too close to call.
The U.S. Federal Reserve’s dwindling confidence in its own outlook and resulting confusion among investors are creating a policy problem that may require chief Janet Yellen to lay out her own views more forcefully.
U.S. stocks swung higher after strong gains in Europe and Asia. The Dow Jones industrial average and the Standard & Poor”s 500-stock index were each up more than 1 percent at the open and maintained those gains through most of the trading day until fading a bit at the finish to close up 0.7 percent and 0.6 percent, respectively.
Next Trading Day’s Important Events
- USDJPY: 104.56
- EURUSD: 1.1282
- S&P 500: 2,083.25
- NASDAQ : 4,837.21