Tues­day, Novem­ber 8, 2016

Daily Freeman (Kingston, NY) - - BUSINESS -

Stocks closed broadly higher for a se­cond day on Tues­day as in­vestors kept an eye on the U.S. pres­i­den­tial race. In­vestors like pre­dictabil­ity, and many have been buy­ing in an­tic­i­pa­tion that Hil­lary Clin­ton will win and not up­end decades of U.S. po­si­tions on trade and other poli­cies, as her ri­val Don­ald Trump has promised. The higher close added to big gains from a day ear­lier af­ter the FBI an­nounced a re­view of newly dis­cov­ered emails found no ev­i­dence to war­rant charges against Clin­ton. Quar­terly profit re­ports from sev­eral com­pa­nies were mixed. Ten of the 11 in­dus­try sec­tors of the Stan­dard and Poor’s 500 in­dex closed higher, led by util­i­ties.

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