World markets lose $3 trillion after the Brexit vote

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Thanks, Brexit. World Markets Lose $3 Trillion After The Vote

World markets lost $3 trillion in the two days of trading following the United Kingdom's Brexit vote.

The U.K.'s vote Thursday to leave the European Union led to major sell-offs on Friday and Monday. Credit agencies, including Standard & Poor's and Fitch, downgraded the country's ratings. Moody's changed its outlook from "stable" to "negative."

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"Fitch believes that Brexit represents a substantial negative shock to the U.K. economy, public finances and political continuity," said Ed Parker of Fitch Ratings.

Supporters react in favor of the Brexit vote:

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Supporters react in favor of the Brexit vote
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Supporters react in favor of the Brexit vote
LONDON, ENGLAND - JUNE 24: People react to a regional EU referendum result at the Leave.EU campaign's referendum party at Millbank Tower on June 23, 2016 in London, England. The United Kingdom has gone to the polls to decide whether or not the country wishes to remain within the European Union. After a hard fought campaign from both REMAIN and LEAVE the vote is too close to call. A result on the referendum is expected on Friday morning.(Photo by Jack Taylor/Getty Images)
Paul Nuttall, member of the European parliament, center, reacts to regional European Union (EU) results being announced at the Town Hall in Manchester, U.K., on Friday, June 24, 2016. U.K. referendum results pointed toward a vote to leave the European Union after more than four decades of membership, rocking markets globally and putting a question mark over Prime Minister David Cameron's future in office. Photographer: Simon Dawson/Bloomberg via Getty Images
Leader of the United Kingdom Independence Party (UKIP), Nigel Farage reacts at the Leave.EU referendum party at Millbank Tower in central London on June 24, 2016, as results indicate that it looks likely the UK will leave the European Union (EU). Top anti-EU campaigner Nigel Farage said he was increasingly confident of victory in Britain's EU referendum on Friday, voicing hope that the result 'brings down' the European Union. / AFP / GEOFF CADDICK (Photo credit should read GEOFF CADDICK/AFP/Getty Images)
Leader of the United Kingdom Independence Party (UKIP), Nigel Farage (C) reacts at the Leave.EU referendum party at Millbank Tower in central London on June 24, 2016, as results indicate that it looks likely the UK will leave the European Union (EU). Top anti-EU campaigner Nigel Farage said he was increasingly confident of victory in Britain's EU referendum on Friday, voicing hope that the result 'brings down' the European Union. / AFP / GEOFF CADDICK (Photo credit should read GEOFF CADDICK/AFP/Getty Images)
LONDON, ENGLAND - JUNE 23: People react to a regional EU referendum result at the Leave.EU campaign's referendum party at Millbank Tower on June 23, 2016 in London, England. The United Kingdom has gone to the polls to decide whether or not the country wishes to remain within the European Union. After a hard fought campaign from both REMAIN and LEAVE the vote is too close to call. A result on the referendum is expected on Friday morning.(Photo by Jack Taylor/Getty Images)
Nigel Farage (L), Britain's UK Independence Party (UKIP) leader and European Commission President Jean Claude Juncker (R) take part in a plenary session at the European Parliament on the outcome of the "Brexit" summit, in Brussels February 24, 2016. REUTERS/Yves Herman
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You can expect the markets to remain unsettled, according to a volatility index. And media reports say the U.S. Federal Reserve is more likely to cut interest rates now than raise them.

But there was a glimmer of hope on Tuesday morning: U.S. stocks rose after the opening bell, and European markets saw a bounce.

RELATED: Brexit protesters in favor of staying in the EU

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Brexit protesters in favor of staying in the EU
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Brexit protesters in favor of staying in the EU
Two activists with the EU flag and Union Jack painted on their faces kiss each other in front of Brandenburg Gate to protest against British exit from the European Union, in Berlin, Germany, June 19, 2016. REUTERS/Hannibal Hanschke
Anti-government demonstrators hold placards reading "No Brexit" during a protest outside the parliament in Athens, Greece June 15, 2016. REUTERS/Alkis Konstantinidis
A protestor uses a megaphone to address a crowd as they gather outside The Houses of Parliament to demonstrate against the European Union (EU) referendum result, in London, U.K., on Saturday, June 25, 2016. The U.K. voted to quit the European Union after more than four decades in a stunning rejection of the continent's postwar political and economic order. Photographer: Jason Alden/Bloomberg via Getty Images
A protestor holds a placard which reads 'YES 2 EU' to demonstrate against the European Union (EU) referendum result, outside The Houses of Parliament in London, U.K., on Saturday, June 25, 2016. The U.K. voted to quit the European Union after more than four decades in a stunning rejection of the continent's postwar political and economic order. Photographer: Jason Alden/Bloomberg via Getty Images
A protestor holding a European Union (EU) flag, addresses a crowd as he demonstrates against the European Union (EU) referendum result, in London, U.K., on Saturday, June 25, 2016. The U.K. voted to quit the European Union after more than four decades in a stunning rejection of the continent's postwar political and economic order. Photographer: Jason Alden/Bloomberg via Getty Images
A protest camp of people calling for a second referendum on Scottish independence, in Edinburgh, Scotland on June 25, 2016, following the pro-Brexit result of the UK's EU referendum vote. The result of Britain's June 23 referendum vote to leave the European Union (EU) has pitted parents against children, cities against rural areas, north against south and university graduates against those with fewer qualifications. London, Scotland and Northern Ireland voted to remain in the EU but Wales and large swathes of England, particularly former industrial hubs in the north with many disaffected workers, backed a Brexit. / AFP / OLI SCARFF (Photo credit should read OLI SCARFF/AFP/Getty Images)
A demonstrator holds a placard that reads 'So Long Great Britain' during a protest against the pro-Brexit outcome of the UK's June 23 referendum on the European Union (EU), in central London on June 25, 2016. The result of Britain's June 23 referendum vote to leave the European Union (EU) has pitted parents against children, cities against rural areas, north against south and university graduates against those with fewer qualifications. London, Scotland and Northern Ireland voted to remain in the EU but Wales and large swathes of England, particularly former industrial hubs in the north with many disaffected workers, backed a Brexit. / AFP / JUSTIN TALLIS (Photo credit should read JUSTIN TALLIS/AFP/Getty Images)
A demonstrator holds a placard during a protest against the pro-Brexit outcome of the UK's June 23 referendum on the European Union (EU), in central London on June 25, 2016. The result of Britain's June 23 referendum vote to leave the European Union (EU) has pitted parents against children, cities against rural areas, north against south and university graduates against those with fewer qualifications. London, Scotland and Northern Ireland voted to remain in the EU but Wales and large swathes of England, particularly former industrial hubs in the north with many disaffected workers, backed a Brexit. / AFP / JUSTIN TALLIS (Photo credit should read JUSTIN TALLIS/AFP/Getty Images)
LONDON, ENGLAND - JUNE 25: A small group of young people gather to protest on Parliament Square the day after a majority of the British public voted for leaving the European Union on June 25, 2016 in London, England. The ramifications of the historic referendum yesterday that saw the United Kingdom vote to Leave the European Union are still being fully understood. The Labour leader, Jeremy Corbyn, who is under pressure from within his party to resign has blamed the 'Brexit' vote on 'powerlessness', 'austerity' and peoples fears over the issue of immigration. (Photo by Dan Kitwood/Getty Images)
LONDON, ENGLAND - JUNE 25: A small group of young people gather to protest on Parliament Square the day after a majority of the British public voted for leaving the European Union on June 25, 2016 in London, England. The ramifications of the historic referendum yesterday that saw the United Kingdom vote to Leave the European Union are still being fully understood. The Labour leader, Jeremy Corbyn, who is under pressure from within his party to resign has blamed the 'Brexit' vote on 'powerlessness', 'austerity' and peoples fears over the issue of immigration. (Photo by Dan Kitwood/Getty Images)
LONDON, ENGLAND - JUNE 25: A small group of people gather to protest on Parliament Square the day after the majority of the British public voted to leave the European Union on June 25, 2016 in London, England. The ramifications of the historic referendum yesterday that saw the United Kingdom vote to Leave the European Union are still being fully understood. The Labour leader, Jeremy Corbyn, who is under pressure from within his party to resign has blamed the 'Brexit' vote on 'powerlessness', 'austerity' and peoples fears over the issue of immigration. (Photo by Matt Cardy/Getty Images)
LONDON, ENGLAND - JUNE 25: A small group of young people gather to protest on Parliament Square the day after a majority of the British public voted for leaving the European Union on June 25, 2016 in London, England. The ramifications of the historic referendum yesterday that saw the United Kingdom vote to Leave the European Union are still being fully understood. The Labour leader, Jeremy Corbyn, who is under pressure from within his party to resign has blamed the 'Brexit' vote on 'powerlessness', 'austerity' and peoples fears over the issue of immigration. (Photo by Dan Kitwood/Getty Images)
Demonstrators hold placards during a protest against the outcome of the UK's June 23 referendum on the European Union (EU), in central London on June 25, 2016. The result of Britain's June 23 referendum vote to leave the European Union (EU) has pitted parents against children, cities against rural areas, north against south and university graduates against those with fewer qualifications. London, Scotland and Northern Ireland voted to remain in the EU but Wales and large swathes of England, particularly former industrial hubs in the north with many disaffected workers, backed a Brexit. / AFP / JUSTIN TALLIS (Photo credit should read JUSTIN TALLIS/AFP/Getty Images)
LONDON, ENGLAND - JUNE 25: A small group of people gather to protest on Parliament Square the day after the majority of the British public voted to leave the European Union on June 25, 2016 in London, England. The ramifications of the historic referendum yesterday that saw the United Kingdom vote to Leave the European Union are still being fully understood. The Labour leader, Jeremy Corbyn, who is under pressure from within his party to resign has blamed the 'Brexit' vote on 'powerlessness', 'austerity' and peoples fears over the issue of immigration. (Photo by Dan Kitwood/Getty Images)
LONDON, ENGLAND- JUNE 24: Young protesters demonstrate outside Downing Street, following the United Kingdom's decision to leave the EU following the referendum, on June 24, 2016 in London, England. The result from the historic EU referendum has now been declared and the United Kingdom has voted to LEAVE the European Union. (Photo by Mary Turner/Getty Images)
A boat flying a large 'In' flag, campaigning to remain in the EU in the upcoming referendum sails by the British Houses of Parliament to meet a flotilla of boats from the group 'Fishing for Leave' on the river Thames in London on June 15, 2016. A Brexit flotilla of fishing boats sailed up the River Thames into London today with foghorns sounding, in a protest against EU fishing quotas by the campaign for Britain to leave the European Union. / AFP / NIKLAS HALLE'N (Photo credit should read NIKLAS HALLE'N/AFP/Getty Images)
A boat flying a large 'In' flag, campaigning to remain in the EU in the upcoming referendum sails by the British Houses of Parliament to oppose a flotilla of boats from the group 'Fishing for Leave' (L) on the river Thames in London on June 15, 2016. A Brexit flotilla of fishing boats sailed up the River Thames into London today with foghorns sounding, in a protest against EU fishing quotas by the campaign for Britain to leave the European Union. / AFP / NIKLAS HALLE'N (Photo credit should read NIKLAS HALLE'N/AFP/Getty Images)
A boat carrying supporters for a ' remain' vote in the EU referendum including Irish singer Bob Geldof (C) shout and wave at fishing boats supporting a 'leave' vote as they sail on the river Thames in central London on June 15, 2016. A Brexit flotilla of fishing boats sailed up the River Thames into London today with foghorns sounding, in a protest against EU fishing quotas by the campaign for Britain to leave the European Union. / AFP / NIKLAS HALLE'N (Photo credit should read NIKLAS HALLE'N/AFP/Getty Images)
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