October 17, 2019

Chart of the Day: S&P 500 European Union Revenue

by David Aurelio.

Progress continues to be made in the ongoing BrExit deal. Reuters reports that “European Union leaders gave their unanimous backing to a Brexit deal with Britain on Thursday, putting the onus on Prime Minister Boris Johnson to secure the British parliament’s approval for the deal in a vote in two days’ time.” With approximately 10.7% of second half 2019 revenue expected to come from European Union countries, S&P 500 companies will be impacted by the final outcome of the deal.

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