Stock markets respond positively to FBI announcement on Hillary.

Stock markets in Europe and Asia responded positively to the announcement of FBI Director James Comey that the agency will not be laying charges against Hillary Clinton over her use of a personal email server. A few weeks ago, markets responded negatively to the announcement by the FBI that it would be looking into Clinton's server. The investigations together with the upcoming elections caused the S&P 500 to plummet for nine days straight. Investors in the market are concerned about a possible Trump victory which could result in restrictions on trade and other unpredictable policies. Last Friday, Citigroup predicted that should Trump win the S&P 500 would decrease by 3% to 5%, however a Clinton win is not expected to have much negative effect on the market.

 

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Economy