Dow Jones up almost 300 points, S&P 500 shakes off 9-day losing streak

cbc-World stock markets surged into the green on Monday after the FBI announced newly discovered emails related to Hillary Clinton, Democratic candidate for U.S. president, didn’t warrant any additional investigation. World stock markets surged The Dow Jones industrial average jumped 273 points at opening as the market digested the news and interpreted it as a positive for Clinton. Investors have been anxious in recent weeks over signs that the presidential race was tightening. Stock markets hate instability, and a Clinton presidency is being interpreted as a continuation of the status quo. “Markets appear in a more confident mood this morning,” Scotiabank said in a note to clients. “Uncertainty over the U.S. election outcome has lifted somewhat following the weekend news that the FBI had absolved Clinton from any further wrongdoing in the email saga, possibly taking the wind out of the Trump campaign’s sails at the last minute.”   A broader market index, the S&P 500, ended Friday on its longest losing streak since 1980 — nine days in a row — on fears that Republican candidate Donald Trump may ascend to the White House. Gold, which tends to rise during times of uncertainty, lost almost $20 an ounce, and was trading at $1,285 US an ounce at midmorning. Toronto stocks were also in a buoyant mood, with the S&P/TSX composite index up 100 points to just over 14,600

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