MARKETS SEE DRAMATIC INCREASES AS INVESTORS BET ON CLINTON

Nov 07, 2016

By Michael Kramer

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A big bounce back for North American stock markets – as investors placed their bets on Democrat Hillary Clinton winning the historic U.S. presidential election – after news that the FBI has found no evidence to warrant charges against Clinton – following a criminal probe into her private email server.

In New York, the Dow soared 371.32 points to 18,259.60 – it’s biggest one-day gain since late January.

The S&P 500 was up 46.34 points to 2,131.52, while the Nasdaq composite jumped 119.80 points.

In Toronto, the S&P/TSX composite index racked up 143.20 points to 14,652.45.

December gold tumbled $25.10 to $1,279.40 U-S an ounce.

Oil was also up – climbing 82 cents to $44.89 U-S per barrel.

That increase helped lift the Canadian dollar 0.17 a U-S cent to 74.78 cents U-S.

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