S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
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S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold

UK's Theresa May faces pressure to step down to save Brexit

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LONDON (AP) — Prime Minister Theresa May faces growing pressure from within her own party either to resign or to set a date for stepping down as a way to build support for her Brexit agreement with the European Union, British media reported Sunday.

Senior Conservative Party figures were urging May to recognize her weakened political position and leave the prime minister's post. However, there was no indication from Downing Street a resignation was near.

Some of the party's key supporters of a "hard" Brexit that would see Britain leave the EU even without a withdrawal deal in place planned to meet with May Sunday afternoon at Chequers, the prime minister's country residence.

May thus far has been unable to generate enough support in Parliament for the deal her government and the EU reached late last year. Lawmakers voted down the Brexit plan twice, and May has raised the possibility of bringing it back a third time if enough legislators appear willing to switch their votes.

Treasury chief Philip Hammond said Sunday that senior party members plotting to remove May were being "self-indulgent." He said a change of leadership would not provide a solution to the U.K.'s political deadlock on Brexit.

"We've got to address the question of what type of Brexit is acceptable to Parliament, what type of way forward Parliament can agree on so that we can avoid what would be an economic catastrophe of a no-deal exit and also what would be a very big challenge to confidence in our political system if we didn't exit at all," Hammond said.

Cabinet Office Minister David Lidington, mentioned as a possible caretaker prime minister should May be ousted, said Sunday that talk of a Cabinet revolt was far-fetched speculation.

The Cabinet is focused on the best way to get May's withdrawal plan passed in the House of Commons, Lidington said.


The U.K.'s departure from the EU was set to take place on March 29, but the absence of an approved divorce agreement prompted May last week to ask the leaders of the 27 remaining member nations for a postponement.

The leaders rejected May's request to extend the deadline until June 30. Instead, they agreed to delay Brexit until May 22, on the eve of EU Parliament elections, if the prime minister can persuade Parliament to endorse the twice-rejected agreement.

If she is unable to rally support for the withdrawal agreement, the European leaders said Britain only has until April 12 to choose between leaving the EU without a divorce deal and a radically new path, such as revoking the decision to leave the bloc or calling another voter referendum on Brexit.

Parliament may take a series of votes this week to determine what proposals, if any, could command majority support.

Conservative Party legislator George Freeman tweeted Saturday night that the U.K. needs a new leader if the Brexit process is to move forward.

"I'm afraid it's all over for the PM. She's done her best. But across the country you can see the anger. Everyone feels betrayed," Freeman tweeted. "This can't go on. We need a new PM who can reach out & build some sort of coalition for a Plan B/"

Under Conservative Party rules, May cannot face a formal leadership challenge from within her own party until December because she survived one three months ago. But she may be persuaded that her position is untenable if Cabinet ministers and other senior party members desert her.

Her bid for fresh support for her withdrawal plan has so far failed to win backing from Northern Ireland's Democratic Unionist Party, which usually provides crucial votes for May's minority government.

She also faces pressure from groups demanding a second Brexit referendum. Huge crowds turned out Saturday for an anti-Brexit protest march in London. Organizers claimed more than 1 million people attended.

___

Follow AP's full coverage of Brexit at: https://www.apnews.com/Brexit

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