The Dow Jones industrial average ended down 5.23 points, or 0.03 percent, to 16,995.13, the S&P 500 gained 0.31 point, or 0.02 percent, to 1,989.57 and the Nasdaq Composite fell 12.22 points, or 0.26 percent, to 4,662.16. The pan-regional FTSEurofirst 300 index closed 1.8 percent lower. (Traders work on the floor of the New York Stock Exchange shortly after the opening bell in New York March 9, 2016. REUTERS)
NEW YORK: Global markets sold off for a second straight day on Monday, dragging the British pound to a 31-year low, while gold and safe-haven government debt rallied on Britain's shock vote last week to leave the European Union.
Major U.S. stock indexes recorded their worst two-day drop in about 10 months. Banking stocks led losses amid uncertainty over London's future as the region's financial capital.
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