The US index futures fell on the eve of voting

08.11.2016

On Tuesday morning, the US index futures point to a modest decline at the opening session, as the financial markets are preparing for the presidential election, where most investors expected the victory of the candidate from the Democratic Party, Hillary Clinton.

As of 11:55 GMT, Dow Jones Industrial Average fell 26 points, or 0.14%, S & P 500 weakened by 5 points, or 0.2%, while Nasdaq 100 fell 10 points, or 0.19%.

On Monday, the US stock indexes broke a nine-day series loss, showing the biggest increase since March, after the FBI refused to open a criminal case against Hillary Clinton, after studying the new batch of leaked emails with her personal mailbox, strengthening the position of the Democratic candidate before the presidential elections .

The long-awaited presidential elections in the United States will be held on Tuesday.

The first results of exit polls are expected on Tuesday at 19:00 pm Eastern time. The results will be announced state by state.

Global financial markets were under pressure last week, as investor sentiment deteriorated due to the tightening of the US presidential race.

However, Clinton's chances of winning have increased after the last weekend FBI Director James Comey informed Congress that he "has not changed his conclusions" regarding the private correspondence of the Democratic candidate.

According to Reuters / Ipsos States of the Nation, the probability of Democrat Hillary Clinton to win in the race for the seat at the White House is 90%.

Markets are considering Clinton as a status quo candidate, while the victory Trump carries a large uncertainty for the US foreign policy, international trade agreements and the national economy.

Meanwhile, the shares of Valeant Pharmaceuticals (NYSE: VRX) have fallen by nearly 8% after the company lowered its full-year forecast as the revenue declined more than expected.

Shares of News Corp (NASDAQ: NWSA), by contrast, rose by almost 5% in the reported profit for the first quarter, which is generally consistent with analysts' estimates.

The USD Index, which tracks the greenback against a trade-weighted basket of six major rivals, is almost unchanged at 97.75.

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