LIVE: Here's how markets are reacting to the election results (SPY, SPX, DJI, IXIC, GLD, GLX, MXN, USD)
Election results are trickling in, and the reaction across markets is mixed.
First, the Mexican peso is zigzagging around as incremental polling data from the US presidential election crosses the wires. The currency is up by 0.8% at 18.1781 per dollar around 8:01 p.m. ET.
This currency pair has been the most watched of the election. A weaker peso has tracked higher odds of Donald Trump winning the election, given his past comments on toughening trade and immigration with Mexico.
Investing.com US stock futures have fluctuated during the night, but remain higher. Stocks gained big on Monday, and rallied again Tuesday, following news that the Federal Bureau of Investigation concluded its investigation into additional emailsHillary Clinton sent from a private server while she was Secretary of State.
RELATED: Electoral vote results by state:
Futures are clearly tracking the odds: surging when Clinton regains the lead in key battleground states like Florida, and slumping when she appears to be losing ground.
Gold is higher by $1.70 per ounce to around $1,277 as of 7:30 p.m ET. This is up from a $6 per ounce drop as the precious metal started evening trading, but is nearly $20 from its high during trading on Tuesday.
According to Mark Haefele, global chief investment officer at UBS Wealth Management, early indications in two key states, Pennsylvania and Florida, point to a strong turnout among likely Clinton supporters.
"If turnout in crucial eastern states lifts Clinton to victory, we expect to see a gains for global equities, US investment-grade bonds, and energy efficiency-related stocks," he said in a note.
Here are the latest state predictions:
- CNN predicts Clinton won Vermont, Illinois, New Jersey, Massachusetts, and Maryland
- CNN predicts Trump won Kentucky,Indiana, West Virginia, Oklahoma, Tennessee and Mississippi.
- CNN says too early to call: North Carolina, Ohio, Florida.
- Stock futures fall to session low as early Florida results trickle in
- The Mexican peso bounces back
- Treasurys are pricing in a Clinton win