iStock/Thinkstock(NEW YORK) — Renewed fears of Brexit uncertainty pushed U.S. stocks lower Tuesday.
The Dow slid 85.40 (-0.47 percent) to finish at 18,168.45.
The Nasdaq dropped 11.22 (-0.21 percent) to close at 5,289.66, while the S&P 500 finished at 2,150.49, down 10.71 (-0.50 percent) from its open.
Crude oil lost less than 1 percent with prices hitting about $49 a barrel.
Brexit: The British pound sunk to its lowest level against the dollar since 1985. The world is continuing to digest British Prime Minister Theresa May’s weekend announcement that the U.K. would have a hard exit from the European Union starting at the end of March.
Alphabet: Shares in Alphabet Inc, Google’s parent company, closed slightly higher Tuesday after launching its first completely Google-made smartphone, Pixel. The phone comes in two sizes and two colors with pre-orders starting at $649.99. Google boasts that Pixel has the “highest rated” smartphone camera, an all-day battery, and unlimited storage.
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