Wall Street Reacts to FBI Clinton Email Investigation

Dow soars after FBI director says there is nothing to prosecute.
1:00 | 11/07/16

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Transcript for Wall Street Reacts to FBI Clinton Email Investigation
In the meantime, a swift reaction tonight from wall Street, to the FBI director's announcement that he is clearing Hillary Clinton after the discovery of those additional e-mails, saying there's nothing there. Stocks losing ground every day since the investigation was announced, but tonight, after the FBI said there was nothing to prosecute, the Dow soaring, closing up 371 points, more than 2%. ABC's chief business and economics correspondent Rebecca Jarvis at the New York stock exchange tonight with the market's reaction. Reporter: Stocks started rallying overnight, David. The Dow surging at the open today, having its best day in eight months. Wall Street sees Clinton as the status quo candidate. They know what to expect from her. Trump is the wild card, and the bottom line is, investors hate that type of uncertainty. They like to know what they're betting on, which is why major banks are predicting with a trump win that stocks would fall, where as with a Clinton win, stocks would stabilize or even rally.

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