First Read's Morning Clips: Britain Votes to Leave

Image: Tokyo stocks in reaction to the EU referendum
A pedestrian walks past a monitor displaying the Tokyo stock index in Tokyo, Japan, 24 June 2016. The benchmark Nikkei 225 Stock Average lost 495.95 points, or 3.05 percent, to end the morning session at 15742.40 after Britain closed the polls to vote on whether to remain in or leave the European Union commonly referred to as 'Brexit'.Kiyoshi Ota / EPA

Breaking News Emails

Get breaking news alerts and special reports. The news and stories that matter, delivered weekday mornings.

ABOUT LAST NIGHT: Britain votes to leave

The Wall Street Journal: "Britain’s surprise vote to leave the European Union battered the British pound by more than 11%, sent stocks in Europe and Asia tumbling to their February lows, and broke new records in government-bond yields as the world’s financial markets anticipated a prolonged uncertain future for the politics and economies of Europe."

The New York Times: "The stunning turn of events was accompanied by a plunge in the financial markets, with the value of the British pound and stock prices in Asia plummeting. The margin of victory startled even proponents of a British exit. The “Leave” campaign won by 52 percent to 48 percent. More than 17.4 million people voted in the referendum on Thursday to sever ties with the European Union, and about 16.1 million to remain in the bloc."

"The domino-style panic — first Asian markets diving and then spreading to Europe and Wall Street — were widely seen as just the opening blast in what could be months or longer of upheaval as traders and investors access the fallout from Britain’s E.U. break,” writes the Washington Post.

POLITICO: "British voters didn’t just shock the world and the financial markets by voting to leave the European Union hours ago: They also ignored President Barack Obama, handed Hillary Clinton a potential economic burden and injected new energy into the populist currents roiling politics on both sides of the Atlantic."

Prime Minister David Cameron is resigning.

The Telegraph looks at who might be the next Prime Minister.

"British voters defied their leaders and international allies by cutting ties with the European Union in a stunning result Friday that threw financial markets into chaos, forced Britain’s prime minister to resign and unleashed a new independence quest by Scotland," writes the Washington Post.

Donald Trump called the vote "brave and brilliant" and drew parallels between the #Brexit vote and his push to "take America back."

OFF TO THE RACES: Sanders says he’ll vote for Hillary

CLINTON: From POLITICO: "Hillary Clinton’s top fundraisers are encountering an unexpected obstacle a month out from the party conventions: big money donors suddenly reluctant to give for fear of running Donald Trump out of the race before he locks up the nomination."

SANDERS: Breaking this morning: He says he will vote for Hillary Clinton, but he's not getting out of the race yet.

The New York Times looks back at how Bernie Sanders was able to turn viral moments into fundraising windfalls.

TRUMP: From the Wall Street Journal: "From the stump, Mr. Trump has defended Trump University, a defunct real-estate school that is subject of a fraud lawsuit. Many events have been held at some of his high-end golf courses and hotels. At one press conference, he displayed steaks, wine and bottles of water that bear his name. Friday, Mr. Trump will appear in Scotland for the reopening of a luxury golf resort he owns. None of that is illegal, but some Trump critics think it is unseemly."

He's stepped up his fundraising on Wall Street.

In an interview with Lester Holt, he insisted that Clinton's private server was hacked but could not say where he learned that information.

He had no choice but to forgive his loans to his campaign, the Washington Post writes.

OBAMA AGENDA: Losing by tying at the Supreme Court

The New York Times on Thursday's Supreme Court decision. "The Supreme Court announced on Thursday that it had deadlocked in a case challenging President Obama’s immigration plan, effectively ending what Mr. Obama had hoped would become one of his central legacies. The program would have shielded as many as five million undocumented immigrants from deportation and allowed them to legally work in the United States."

Obama's executive actions have run into roadblocks again and again, notes the Wall Street Journal.