US stock futures surge after Clinton cleared by FBI

U.S. equity index futures opened up more than 1 percent in the start of U.S. election week trading on Sunday, suggesting Wall Street looks poised to end its longest skid in more than three decades.

The move came a few hours after the FBI said on Sunday that newly discovered emails had not changed its conclusion that no charges were warranted against presidential candidate Hillary Clinton.

S&P e-mini futures were last up 1.25 percent in a surge of volume as electronic trading kicked off for the week at 6 p.m. EST (2300 GMT).

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If the upturn in S&P 500 E-mini futures carries through the day on Monday, it would put an end to the longest daily losing streak in the benchmark stock index in more than 35 years.

The run of losses had come as Clinton appeared to have lost momentum over rival Donald Trump in some public opinion polls after the FBI director said on Oct. 28 that additional emails had been found and would be reviewed. (Reporting by David Henry in New York; Editing by Dan Burns and Chris Reese)

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Hillary Clinton campaigns for President of the United States at University of Pennsylvania on October 22, 2016 in Philadelphia, Pennsylvania. (Photo by Taylor Hill/WireImage)


U.S. Democratic presidential candidate Hillary Clinton listens to a question at a campaign event in Madison, Wisconsin, United States, March 28, 2016. (Photo via REUTERS/Jim Young)


Democratic presidential nominee former Secretary of State Hillary Clinton speaks during a campaign rally at Wayne State University on October 10, 2016 in Detroit, Michigan. A day after the second presidential debate in St. Louis, Hillary Clinton is campaigning in Michigan and Ohio. (Photo by Justin Sullivan/Getty Images)


Democratic U.S. presidential candidate Hillary Clinton (C) speaks next to Virginia first lady Dorothy McCauliffe (L) and James Barnett (R) at a discussion on national security during a campaign event at the Virginia Air and Space Center in Hampton, Virginia, U.S., June 15, 2016. (Photo via REUTERS/Gary Cameron)

New Hampshire

Democratic U.S. presidential nominee Hillary Clinton speaks during a campaign rally at Alumni Hall Courtyard, Saint Anselm College in Manchester, New Hampshire U.S., October 24, 2016. (Photo via REUTERS/Carlos Barria)


U.S. Democratic Presidential Candidate Hillary Clinton speaks at the American Federation of Teachers conference in Minneapolis, Minnesota, July 18, 2016. (Photo via REUTERS/Adam Bettcher)

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