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Investors buoyed by decision

Stocks rise after FBI clear Clinton

London Stock ExchangeWorld stock markets rose after the FBI said it found no reason to continue with its investigation into emails posted by US presidential hopeful Hillary Clinton.

Stock markets in Asia rose overnight and the FTSE 100 closed 113.64 points or 1.7% higher at 6,806.9

Wall Street rose after it had closed lower for nine days in a row until Friday, its longest losing streak in more than 35 years.

The Dow Jones industrial average jumped 2.08% to end at 18,259.67 points and the S&P 500 surged 2.22% to 2,131.52. The Nasdaq Composite added 2.37% to 5,166.17.

Investors responded positively to the FBI decision that the Democratic candidate should not face criminal charges over her emails.

Commodities were among the biggest gainers but HSBC also enjoyed a sharp rise. Its shares jumped nearly 5%, the lender’s biggest daily gain in seven months after reporting a rise in its core capital ratio.

 

 

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