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Global stocks were mixed thanks to Brexit ructions
US stocks recovered from an early slide Thursday and in the process broke a five-day losing streak. Gains in technology companies, banks and industrial stocks outweighed losses among big retailers, homebuilders and utilities. Energy stocks rose along with crude oil. European indexes finished mostly lower as the British pound slumped amid discord over a new deal for Britain's departure from the European Union next spring. The Dow Jones industrials were up 0.8 percent, the S&P added 1.1 percent and the Nasdaq soared 1.7 percent.
Volatility: 10 key messages for investors
Financial markets can be subject to periods of event-related volatility, from economic uncertainty, monetary or fiscal policy changes, to financial contagion or geopolitical tension, during which investor confidence may be significantly undermined.