Chart Of The Day: S&P 500 European Union Revenue

By David Aurelio of Lipper Alpha Insight

Refinitiv • Oct 17, 2019 at 2:48 PM EDT

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 Brexit deal.

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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