07Nov2016 Pre-Market Commentary: Wall Street Elated That FBI Drops Email Investigation, Futures Up 1.4 Percent, US Dollar UP 0.7 Percent Gold Down 1.3 Percent 10 Yr Treasury Yields Rose 2 Percent, What Happens Next Is Scary
Monday, November 7, 2016 7:13
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U.S. stocks are pointing to a sharply higher open (SPY +1.4%), with the S&P 500 futures jumping 1.4%, a gain that is likely to snap a nine-day losing streak, which is its longest in more than 35 years. Fresh hopes that Hillary Clinton will win the U.S. presidential election this week boosted appetite for riskier assets.