Despite torrential rains in London and the southeast of England, polling places are reporting long lines for today’s Brexit referendum vote.
Before the actual vote, a BMG Research poll for the Electoral Reform Society found that 67% of people said they would definitely vote. That would put turnout even with the 66% in last year’s national election.
A high turnout is thought likely to favor the “stay” side in the vote–all things being equal.
But polls are also showing that all things aren’t equal. Polls show that 79% of voters over 65 say they will definitely vote but only 54% of 18-24 year-old voters say they will definitely vote. That could be critical since in polls older voters have favored “leave” in the referendum while younger voters come down on the side of “stay.”
At 10:20 a.m. New York time the S&P 500 volatility index (VIX) had plunged 14.5%, giving back all of yesterday’s pre-voting jump as traders hedged their anxiety over the possibility of a vote to leave the European Union