US Stocks Rally One Day Before Presidential Election

Stock markets in the United States opened significantly higher Monday, less than 24 hours before voters start heading to the polls on the Election Day.

WASHINGTON (Sputnik) — The Dow Jones Industrial Average had risen 1.9 percent as of 1 p.m. EST Monday, while the Standard & Poor’s 500 index was up 2 percent, to 2,126. The Nasdaq Composite Index also improved, rising 2.3 percent to 116.

The market rebound follows a weekend announcement by the Federal Bureau of Investigation affirming its July decision not to recommend criminal charges against Democratic presidential nominee Hillary Clinton in a probe of her email practices as US secretary of state.

Clinton is leading Republican candidate Donald Trump by 6 percent nationwide, according to a Monmouth University poll released Monday.