A Long Year? Dow Slips as Brexit, Inauguration Fears Sink Stocks

Stocks fell today as the UK appears headed for a hard Brexit and Donald Trump's inauguration looms . The S&P 500 fell 0.3% to 2,267.89 today, while the Dow Jones Industrial Average declined 58.96 points, or 0.3%, to 19,826.77. The Nasdaq Composite dropped 0.6% to 5,538.73. Westpac's Tim Riddell discusses the implications of UK prime minister Teresa May's speech on Brexit :