S&P 500 · June 24, 2016
The morning after the Brexit vote
-3.59%
single-day change vs previous close
What happened that day?
- On 24 June 2016 the S&P 500 fell 3.59%
- The day before, Britain had voted on whether to leave the European Union. The count said leave
- The market had assumed remain. Stocks were rising into the vote itself, and then the result went the other way
- The pound fell to a level it had not seen in decades, in a single day
- US stocks fell not because of Britain's economy but because nobody could say what came next
- The recovery was quick — the old high was back within two weeks
- Peak to trough it was only 5.6%
Sources
Every figure on this page is recomputed from the original daily closing prices and checked against them at build time. The account of what happened is written from the sources listed above.