Stocks Ended Sharply Higher after FBI Cleared Clinton

U.S. stocks ended sharply higher on Monday, after FBI Director James Comey’s revelation that the bureau won’t pursue charges against Democratic presidential candidate Hillary Clinton sparked a sharp relief rally. The Dow Jones Industrial Average gained 371.320 points, or 2.08%, to 18,259.60. The S&P 500 climbed 46.34 points, or 2.22%, to 2,131.52. The Nasdaq Composite advanced 119.80 points, or 2.37%, to 5,166.17.

The FBI said on Sunday it stood by its July finding that Clinton was not guilty of criminal wrongdoing, after announcing on Oct. 28 it was reviewing additional emails relating to her use of a private server while secretary of state.

Nov 7 Online jeweler Blue Nile Inc said on Monday it agreed to be taken private by an investor group that includes Bain Capital Private Equity and Bow Street LLC for $500 million in cash.

Iran plans to sign a preliminary $6 billion deal with Total SA to help develop an offshore gas field on Tuesday, an agreement that would mark the first Western energy investment there since international sanctions were lifted this year.