• Major US stock indexes finished trading in positive territory

Market news

7 November 2016

Major US stock indexes finished trading in positive territory

Major US stock indexes rose strongly on Monday, a day before the US presidential election as a Democrat Hillary Clinton's prospects rose after the FBI announced that he would not insist on the opening of a criminal case related to the use of her private e-mail.

Yesterday the head of the FBI James Comey said in a letter to Congress that his agency sees no reason to indict Clinton. Recall the previous week reported resumption of the FBI investigation into the email in the US presidential candidate from the Democratic Party had a negative impact on the ranking of Clinton, which triggered selling in the stock market.

Important statistics that could have an impact on market sentiment, was not published. The main focus of market participants focused on the US presidential election, scheduled for 8 November.

Oil futures rose modestly on Monday, supported by statements from OPEC. However, prices remain about $ 7 lower than the maximum of the previous month due to persistent doubts about the feasibility of OPEC plan to cut production.

All components of the DOW index closed in positive territory (30 of 30). More rest up shares JPMorgan Chase & Co. (JPM, + 3.07%).

All Sector S & P Index showed an increase. The leader turned out to be the financial sector (+ 2.3%).

At the close:

Dow + 2.07% 18,257.85 +369.57

Nasdaq + 2.37% 5,166.17 +119.80

S & P + 2.22% 2,131.37 +46.19

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