Wall Street rallies day before presidential election

NEW YORK (AA) – Wall Street rallied to a higher close Monday with a rise in oil prices and the FBI’s decision not to pursue charges against Hillary Clinton.

The bureau said Sunday that its review of the Democratic presidential candidate’s e-mails would not lead to charges.

That announcement helped to ease uncertainty from the markets as the Dow Jones gained 371 points to 18,259. The Nasdaq added 119 points to 5,166 and the S&P was up 46 points to 2,131.

Oil prices also gained more than 1.5 percent.

At the final bell, American benchmark West Texas Intermediate was trading at $44.97 -- a 2 percent increase. International benchmark Brent crude was at $46.30 -- a 1.6 percent gain.

Markets and investors are now focused on the U.S. presidential election Tuesday.