Economics
U.S. Stocks Decline After FBI Reopens Probe Into Clinton E-Mails
- Retreat a sign of ‘fragile’ sentiment before election
- Chevron surges on earnings, health-care shares tumble
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U.S. stocks declined, with the S&P 500 Index falling to a six-week low, after the Federal Bureau of Investigation reopened a probe into Hillary Clinton’s use of an unauthorized e-mail server.
Word of the FBI’s renewed investigation rattled investors, wiping out gains as equities careened down from the day’s highs. An earlier advance came as data bolstered speculation a stronger economy may lift corporate earnings, while rallies in Alphabet Inc. and Chevron Corp. overshadowed a selloff among drugmakers.