The U.S. stock market declined sharply on Thursday after the Bank of England (BOE) slashed its growth outlook for 2019, citing underlying risks tied to Brexit. The United Kingdom is struggling to carve out a clear exit strategy from the European Union after Members of Parliament voted to reject Theresa May’s latest Brexit deal. DOW JONES TAKES THE PLUNGE All of Wall Street’s major indexes headed for sharp losses Thursday morning, and were on track for their second consecutive down session. The Dow Jones Industrial Average opened sharply lower, reflecting a steep loss in the futures market. It was last
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