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Markets Jump After FBI Clears Clinton

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07 Nov 2016 16:39 #326256 by chairman
U.S. stock futures climbed, the Mexican peso gained new life, and markets in Asia rallied overnight after news came that the FBI again concluded Hillary Clinton should not face criminal liability over her email use. FBI Director James Comey’s Oct. 28 announcement about new emails sent stocks plummeting and markets tumbling amid fears Donald Trump would win the presidency. That all changed Sunday, however, with an upturn in S&P 500 futures and a surge in U.S. equity index futures as Clinton was cleared of wrongdoing. In New York early Monday, Dow Jones Industrial Average futures indicated the benchmark was set to jump more than 200 points at its opening. Foreign markets also rallied at the news, with the Mexican peso jumping 2.1 percent.

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