Week-to-Date Declines: Gdp Reading and P Nasdaq

week-to-date declines: However, indexes also ended well off their lows of the session as investors digested the news and its potential implications for the coming election, according to Market Watch. The restarted probe came after FBI Director James Comey said he had learned of emails that appear to be pertinent to its investigation, though he added that the FBI cannot yet assess whether or not this material may be significant. Major indexes had traded higher earlier in the session, supported by a strong GDP reading, but the news prompted a turnaround and extended the week-to-date declines of the S&P 500 and Nasdaq. In July, Comey had said that charges against Clinton—who controversially used a private email server while secretary of state—weren't appropriate. This throws such a monkey wrench into anyone ability to predict what will happen over the next couple of weeks, said Wayne Kaufman, chief market analyst at Phoenix Financial Services. See also:FBI probe into new Clinton emails hit Wall Street in 4 key ways Polls have strongly indicated that Hillary Clinton, the Democratic presidential candidate, will win out over Republican Donald Trump in next month election, an outcome that analysts said markets had priced in. (news.financializer.com). As reported in the news.

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