Global Stocks Rise After FBI Clears Clinton’s Email

You know it’s a wild election season when a mere letter from the FBI is enough to spark a global stock market rally.
The Dow soared more than 325 points on Monday — on track for the biggest rally in eight months — after FBI Director James Comey sent a letter to Congress on Sunday once again clearing Hillary Clinton in its email investigation.

The S&P 500 also jumped 2%, ending a nine-day streak of losses, the longest such slump since 1980.

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CNN

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Alfonso Esparza

Alfonso Esparza

Senior Currency Analyst at Market Pulse
Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency trader focused on North America and emerging markets. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
Alfonso Esparza