US stocks cautious at opening, await additional details in Clinton probe
On the first trading day of a fresh trading week, major US equity indices opened cautiously higher as investors awaited further details on FBI probe over Clinton's email and how could that effect the US presidential election this week.
On Friday, stocks turned lower after FBI re-initiated a probe over the use of a private service by Democratic Presidential nominee Hillary Clinton, when she was serving as secretary of state.
Investors this week also look forward to major central banks monetary policy decisions, including the US Federal Reserve, and one of the most keenly watched US economic indicator, monthly jobs report, popularly known as NFP.
At the time of reporting, the Dow Jones Industrial Average traded absolutely flat at 18,160 while the broader S&P 500 index was up by 2 points to 2,128. Meanwhile, tech-heavy Nasdaq Composite index outperformed broader indices and gained over 10 point, moving back to 5,200 mark.
In currency markets, the overall US Dollar Index reversed weekly bearish gap opening on the back of FBI probe, while oil prices drifted lower on disappointment from weekend meeting by OPEC cartel over a deal to cut / freeze oil output.
S&P 500 from Tip TV Productions on Vimeo.