U.S. stock futures surge after Clinton cleared by
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Posted On: 11/06/2016 11:50:54 PM
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U.S. stock futures surge after Clinton cleared by FBI
Source: Reuters
U.S. equity index futures rallied at the open on Sunday as bullish sentiment returned to Wall Street following the largest streak of losses on the S&P 500 since 1980.
The 1.3 percent move in S&P 500 e-mini futures ESc1 cut in nearly half the losses in futures over the past nine sessions, and came a few hours after the FBI said that newly discovered emails had not changed the agency's conclusion that no charges were warranted in the case of Democratic presidential candidate Hillary Clinton's use of a private server.
The move in equity futures came in a surge of volume as electronic trading kicked off for the week at 6 p.m. EST (2300 GMT). If the upturn in S&P 500 futures carries through the day on Monday, it would put an end to the longest daily losing streak in the benchmark stock index .SPX in more than 35 years.
The run of losses had come as Clinton appeared to have lost momentum over Republican rival Donald Trump in some public opinion polls after FBI director James Comey said on Oct. 28 that additional emails had been found and would be reviewed.
Read more: www.reuters.com/article/us-usa-stocks-idUSKBN131150
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