Brexit crash wiped out a record $2.1 trillion. Now what? [View all]

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Source: CNN

A record $2.1 trillion was wiped out from global markets on Friday.

That means more money vaporized as a result of the Brexit crash than any single market day ever, according to S&P Dow Jones Indices.

It eclipses the $1.9 trillion that was erased on September 29, 2008 when the U.S. Congress infamously voted down the Wall Street bailout. The larger losses in the Brexit fallout partially reflect the fact that markets are retreating from higher levels these days.



Read more: http://money.cnn.com/2016/06/27/investing/brexit-consequences-2-trillion-lost/index.html?iid=hp-stack-dom