Recover post-Brexit

Wall Street, European markets recover post-Brexit

Bank of England governor Mark Carney said the central bank would probably need to boost stimulus for Britain's economy in the months ahead.

That announcement put further pressure on the pound, sending it down 1.4 per cent to $US1.32.

The European Central Bank said it may need to expand the scope of its bond purchasing program in order to provide extra stimulus within the eurozone.

By the close, the Dow Jones Industrial Average gained 1.3 per cent to 17,929.