The U.S. stock market took a sharp dive Friday following news that the FBI was investigating some newly discovered emails tied to Democratic presidential nominee Hillary Clinton.
All three major stock indices dropped into negative territory immediately after House Oversight Committee Chairman Jason Chaffetz (R-Utah) announced that FBI Director James Comey had informed him that the bureau had found some emails pertinent to its prior investigation into Clinton’s personal email server.
The Dow Jones Industrial Average, Nasdaq and S&P 500 had all been in positive territory just before the news broke, with the Dow up roughly 80 points. Minutes after news of the fresh probe emerged, the Dow was down over 50 points. [THEHILL]
The Mexican peso fell. The currency was down by 0.6%, at 18.9520 per dollar, as of 1:17 p.m. ET after earlier being in the green.
Some currency analysts have argued that a stronger peso is indicative of a Clinton win, given Trump’s tough talk about immigration and trade with America’s southern neighbor. [BUSINESSINSIDER]