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The pound sank Monday to 30-year lows while most stock markets tumbled following Britain's decision to leave the European Union, with traders fearing it will lead to months of uncertainty. Sterling plunged two percent in early exchanges as dealers rushed into assets considered safe, such as the yen and gold, although Japan's Nikkei stock index rallied after suffering a battering on Friday.
Spain's acting Prime Minister Mariano Rajoy said he would make a push for power after his conservatives won more seats in parliament in a repeat general election on Sunday, even though it still fell short of a majority. The Socialists held on to second place like in December, though with just 85 seats, their worst score in modern history. The far-left Unidos Podemos coalition came third with 71 seats, reversing pre-election expectations that it could leapfrog over the Socialists and replace them as the main left-wing force.
PITTSBURGH (AP) — Chad Kuhl ended Clayton Kershaw's nine-game winning streak in his major league debut, and David Freese hit a three-run double that sent the Pittsburgh Pirates past the Los Angeles Dodgers 4-3 on Sunday night.