You Gotta Be Kidding Me: Dow Jumps 190 Points as Brexit Might as Well Not Exist Anymore
June 30, 2016 at 14:49 PM EDT
The market really could care less about Brexit as stocks looks set for their third consecutive gain of 1% or more after the Bank of England said it sees rate cuts in the future . The S&P 500 has risen 1% to 2,092.21 at 2:35 p.m. today, while the Dow Jones Industrial Average has gained 188.12 points, or 1.1%, to 17,882.80. The Nasdaq Composite has advanced 1% to 4,825.63. Is anyone else shocked that the market is looking past Brexit? And really, it is looking past it. Wells Fargo's Darrell Cronk and team don't think we'll know the impact until 2017 at the earliest:
