News by: Himanshu Singh
And FTSE 100 rebounds and pound rises after savage two-day Brexit rout.
The Dow Jones rose 269 points, with Financials and tech shares among the top gaining sectors.
And UK loses triple-A credit rating after Brexit vote as pound hits 31-year low despite chancellor’s attempts to soothe markets.
Banking stocks, along with material shares, led losses amid uncertainty over London's future as the region's financial capital.
Japanese shares led gains across the region, with the benchmark Nikkei 225 up 1.39%.
And Britain faces up to waning influence on global stage.
And leading bosses press the Government to secure continued access to European single market.
FTSE 100 finishes the week up more than 2% after recovering from 8.7% drop as pound slumps to 31-year low.
Sterling sinks 9% and FTSE 100 forecast to drop 7% as world markets respond to what looks like an historic vote by the UK to leave the EU.
Pound recorded sharp drop after results in north-east England point to Leave campaign.
And holidaymakers rush to stock up on foreign currency, with the Post Office reporting a 380% surge in online orders.
Tesla shares plunged after the electric car maker made an offer to buy his solar installation firm SolarCity.
And EU regulators are set to intervene in a split between countries over how to force losses on investors in failed banks.
Technology shares lead gains after Yellen expressed optimism about the economy and played down the risk of a recession.
And George Soros warns consequences of Brexit vote could be worse than Black Friday.
Monday’s rebound was paced by gains in consumer discretionary, industrial and technology shares.
Major export stocks in Japan received a boost from the relative weakness in the yen.
And Frankfurt is set to steal hundreds of billions’ worth of euro trade from City.
And currency traders are betting that the pound will fall to record lows against the euro if Britain votes to leave the EU.
And evidence showed that Philip Green sold BHS due to expense of pension rescue scheme.