Stocks end week lower as new FBI probe into Clinton emails overshadows healthy GDP

U.S. stocks completed within the pink Friday as news that the Federal Bureau of Investigation is looking at new emails associated to Democratic candidate Hillary Clinton jolted inventory-market buyers. FBI Director James Comey mentioned he had learned of new emails that “look like pertinent” to its investigation into Clinton’s use of a personal-electronic mail server all over her time as Secretary of State. The FBI director stated it can’t yet examine whether the messages are “subject matter.” still, the news raised the specter that Republican candidate Donald Trump may have a chance at profitable the presidential race, with Election Day on Nov. eight, lower than two weeks away. The three major indexes mounted a swift drop lower however ended off their worst levels. The Dow Jones Industrial reasonable DJIA, -0.05% fell eight.forty nine factors, or less than zero.1%, lower at 18,161.19, whereas the S&P 500 index SPX, -0.31% closed off 6.sixty three factors, or 0.3%, at 2,126.41, and the Nasdaq Composite Index COMP, -0.50% completed 25.87 factors, or zero.5%, down at 5,a hundred ninety.10. Wall boulevard buyers have expressed fear about the potential of Trump as president as a result of he’s an unknown amount. previous in the session, equities traded larger after a preliminary learn of 0.33-quarter gross home product showed the quickest p.c. of expansion due to the fact that mid-2014, with the financial system rising 2.9%, in line with expectations. For the week, the S&P 500 ended off zero.7%, the Nasdaq Composite lost 1.three%, whereas the Dow industrials ended little-modified. among corporate movers, Baker Hughes Inc. BHI, +8.38% rallied to close up 8.4% after The Wall street Journal mentioned that basic electric GE, +2.06% is in talks to combine its oil-and-gas assets with the company.

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