Wall Street closes in red. Fear of ‘black swan’ – Express

New York exchanges closed lower Thursday on the eve of the British referendum. The indexes of Wall Street and Nasdaq opened with gains, although light, but eventually end the session in the red. The Dow Jones 30 lost 0.27%, the S & P 500 fell 0:17% and the Nasdaq fell 0.2%. The volatility index related to the S & P 500 rose 15% during the session, indicating the return of financial panic

Some financial analysts began talking about the risk of a ‘black swan’ in the British referendum. tomorrow. In the Monitor newspaper polls “Financial Times”, the option for Brexit (EU output) returned at the end of session in New York, the leadership, with one percentage point ahead of the permanence . However, there are still known to be the latest polls, which can alter this result and to give permanence option front. The same British newspaper realized this late afternoon long lines to exchange houses in the City of London with a view to exchanging pounds for dollars and euros to amass at home.

The reference to ‘black swan’ concerns himself to atypical events, seemingly improbable, you end up having great magnitude of consequences.

the price of Brent oil barrel fell Wednesday to $ 49.81, down 2.2 % compared to closing the previous day.

the UK tomorrow holds a referendum on his departure or stay in the European Union. Some financial centers in Asia still shut on Thursday before the opening of the British polls at 7 am (local time in Portugal and the United Kingdom). The London Stock Exchange opens an hour later, at the same time opening the financial markets in Europe. The vote will end by 22 hours. According to the BBC, reliable overall results should be known early on Friday, after opening the Asian stocks to be the first to suffer the impact of the results.