Wall Street surges on Hillary Clinton victory bets

guno

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Mar 18, 2014
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US shares snapped a nine-day losing streak as investors bet the FBI's clearance of Hillary Clinton and strong early voting by Hispanics would clear the path for her to win Tuesday's presidential election.

Share indexes on Wall Street surged more than 2 per cent on Monday in the US, after FBI director James Comey reaffirmed in a letter to Congress that Mrs Clinton had not broken criminal laws using a private email system as secretary of state.

"The markets are telling us Clinton's going to win," said BMO Capital Markets Corp chief investment strategist Brian Belski. "Over the near term markets could go higher into the first half of 2017."


Wall Street surges on Hillary Clinton victory bets
 

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