Thursday, 23 June 2016

Stocks mixed as traders hedge on Brexit vote

Stocks were mixed on Thursday.

The S&P 500 fell 0.2 percent and the Nikkei 225 fell 0.6 percent but the STOXX Europe 600 rose 0.4 percent while the Shanghai Composite Index rose 0.9 percent.

Investors on Wednesday remained focused on the UK referendum on whether to leave the European Union.

“Players on both sides of the Atlantic continue to hedge going into the ‘Brexit’ vote,” said Tom Carter, managing director at JonesTrading.

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