No country has ever decided to leave the European Union -- until now. The UK's vote to separate from the EU reverberated around the world Friday, causing markets to crash and setting off emotional peals of thunder.
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Here's a snapshot of what happened today[1]:
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Markets plunge, plummet, tumble, nosedive and more
Shock rolled through global markets Friday, and U.S. stocks dove right along with them[2]. The Dow closed down 611 points, 3.4%, while the S&P 500 lost 3.6%. The Nasdaq dropped 4.12%, down 10% from its recent high.
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Our own measure of the emotional roller coaster, CNNMoney's Fear & Greed Index[3], slipped into Fear mode on Friday. Could this get as bad as the 2008 financial crisis[4]? Whoa, market experts say, Keep Calm and Carry On. Here are some buoyant stocks[5] to buck those spirits up.
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In the UK, scenes of joy and anguish
Celebrations erupted[6] in London streets, while anger erupted elsewhere. You've stolen our future[7], say Britain's youngsters, 64% of whom voted to stay.
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New divisions
The soul-searching runs deep across other divides. Scots, who voted in 2014 to stay in the UK themselves, are having second thoughts[8]. Meanwhile, Ireland sees an opportunity to reunite their own island[9] -- and some Brits are frantically looking to pick up Irish passports[10] themselves.
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But this is "not a moment for hysterical reactions," cautions EU President Donald Tusk. He's hoping to ward off further exits by nervous EU nations[11].
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There's reason for the U.S. to be nervous, too
The possibility of a less stable Europe means economic risk at home[12], plus a few more concerns. The good news is your UK vacation just got a lot cheaper.
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Obama tried to put a good face[13] on it all, saying the U.S. will still be special friends with the UK. As you might expect, Trump suggested Obama was to blame[14] for the Brexit, yet cheered the vote for independence as a herald of his own predicted success.
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He said all this from his own golf course in Scotland[15], which, as we mentioned before, was pretty firmly in the stay camp.
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[1]
http://www.cnn.com/2016/06/24/europe/brexit-eu-referendum-visual-guide/index.html
[2]
http://money.cnn.com/2016/06/23/investing/eu-referendum-markets/index.html [3]
http://money.cnn.com/data/fear-and-greed/
[4]
http://money.cnn.com/2016/06/24/investing/brexit-pound-dollar-stocks-fear/index.html
[5]
http://money.cnn.com/2016/06/24/investing/brexit-stocks-winners-flight-to-safety/index.html
[6]
http://www.cnn.com/2016/06/24/europe/uk-referendum-emotions/index.html
[7]
http://money.cnn.com/2016/06/24/news/millenials-eu-referendum-brexit/index.html
[8]
http://www.cnn.com/2016/06/24/europe/scotland-eu-referendum/index.html
[9]
http://www.cnn.com/2016/06/24/europe/eu-referendum-britain-divided/index.html
[10]
http://www.cnn.com/2016/06/24/europe/brits-search-for-irish-passports-after-brexit-vote/index.html
[11]
http://www.cnn.com/2016/06/24/europe/uk-eu-referendum-results/index.html [12]
http://www.cnn.com/2016/06/24/politics/brexit-what-this-means-us/index.html
[13]
http://www.cnn.com/2016/06/24/politics/donald-trump-brexit-scotland-press-conference/index.html
[14]
http://www.cnn.com/videos/politics/2016/06/24/trump-blames-obama-brexit.cnn/video/playlists/intl-brexit/
[15]
http://www.cnn.com/2016/06/24/politics/donald-trump-scotland-news-conference/index.html
[16]
http://cnn.it/EmailFooter-TV
[17]
http://cnn.it/EmailFooter-Web
[18]
http://cnn.it/EmailFooter-Apps
[19]
http://cnn.it/EmailFooter-go
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