The British voted on alternatives to Prime Minister Theresa May’s Brexit deal — and rejected all eight of the proposed models. The pound retreated. Earlier, May promised to resign from the leadership if her Conservative Party colleagues drop their opposition to her Brexit strategy and vote to ratify her deal. There were early signs that May’s dramatic gamble could pay off.
Energy companies in the S&P 500 Index joined a slide in oil, while industrial shares gained. Traders piled into bonds amid concern about a slowdown in global growth. Recent data showed weakness from U.S. housing to retail sales and consumer sentiment, prompting a more dovish tone from the central bank.Facebook Inc. will ban content that references white nationalism and white separatism, taking a major step toward curbing racism and hate speech on the site.
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