Opening Bell: Stocks Slip on Brexit Worries; Apple Suspends iPhone 6 Sales in China

U.S. stocks slipped on Friday, as investors gear up for a potentially market moving Brexit vote next week. Those fears overshadowed the rise in oil prices, which snapped a six-session losing streak. Viacom (VIA) - Get Report shares fell amid news that chairman Sumner Redstone ousted Viacom CEO Phillipe Dauman from the board. The media giant also reported weaker than expected fiscal third quarter earnings of $1 to $1.05 a share, missing estimates of $1.38. Finally, the Chinese government has ordered the suspension of sales of the Apple (AAPL) - Get Report iPhone 6 and 6 Plus smartphones, saying the device violates a patent from another China-based phone maker.
TheStreet's Scott Gamm reports from Wall Street.