 U.S. stocks on Monday had their best day since March on a percentage basis after the Federal Bureau of Investigation said its review of a new batch of Democratic presidential nominee Hillary Clinton’s emails won’t lead to charges. Gains were broad, with the Dow Jones Industrial Average reclaiming the key 18,000 level and the S&P 500 snapping its nine-day losing streak, the longest since 1980. The Dow Jones industrial average jumped 242 points, or 1.4 percent, to 18,128 shortly after the opening bell Monday. The S&P 500 index SPX, -0.66% rose 46.34 points, or 2.2%, to finish at 2,131.52. The Nasdaq Composite Index COMP, -0.48% climbed 119.80 points, or 2.4%, to end at 5,166.17. While the day’s gains were broad, financials were the biggest advancers. On the corporate front, third-quarter earnings are trending ahead of Wall Street’s estimates. Investors have been anxious in recent weeks over signs that the U.S. presidential race was tightening.
– Stocks are surging on Wall Street, and MarketWatch and the AP are chalking it up to the FBI's announcement Sunday that newly discovered emails do not warrant any action against Hillary Clinton. The Dow Jones industrial average was up 338 points, or 1.9%, to 18,226 in midday trading Monday. The Standard & Poor's 500 index, meanwhile, is on track to end a nine-day losing streak, its longest slump since 1980. The index was up 42 points, or 2%, to 2,127 at midday. The Nasdaq composite was up 115 points, or 2%, to 5,162.