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Home Front: Politix
U.S. stock futures surge after Clinton cleared by FBI
2016-11-07
[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.
Con't.
Posted by:Besoeker

#7  Looking at the bundle I baseline it's still way way down from 10 days ago.
Posted by: 3dc   2016-11-07 14:07  

#6  Well, the record definitely shows that Hillary can be bought; and Wall Street has plenty of money to buy her.
Posted by: Tom   2016-11-07 11:41  

#5  Hillary linked to Wall Street? Nah, Just a coincidence> There are not many making anything off their investments in the Stock Market (if they are still in it) so "What difference does it make?"
Posted by: JohnQC   2016-11-07 08:26  

#4  Yes, over the length of the Obama administration, a steady rise. The 9 day downturn was I believe, something unusual.

Continued low interest gov't borrowing might account for the long-term rise.
Posted by: Besoeker   2016-11-07 07:21  

#3  for context, the loss in the DJIndex over the 9 days ending yesterday was about 3%.

it closed yesterday at about 17,890 which is about where is was in Dec 2014

long term chart here




Posted by: lord garth   2016-11-07 06:06  

#2  Party of the rich, what did you expect.
Posted by: g(r)omgoru   2016-11-07 04:58  

#1  HANG SENG INDEX - +162.15 / +0.71%
Today’s Change
Posted by: Besoeker   2016-11-07 02:43  

00:00