New York
AS the US presidential-election race narrows after last Friday's surprise announcement by the Federal Bureau of Investigation (FBI), stock investors are finally showing some jitters.
Hedges against a market decline surged immediately after reports that the FBI is reviewing files that may be related to an investigation of Hillary Clinton's email practices when she was secretary of state. The ratio of bearish versus bullish options changing hands on the Chicago Board Options Exchange (CBOE) jumped the most since June to match a four-month high.
After falling 20 points in 40 minutes following the news on Friday, the S&P 500 Index slipped less than a point to 2,126.15 at 4pm in New York. It...
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