European shares opened sharply higher Monday as investors reacted to news that US law enforcement officials will not pursue charges against Democratic Presidential candidate Hillary Clinton over her use of a private email server while Secretary of State.
Britain's FTSE 100 added around 92 points, or 1.4%, by late morning in London to be quoted at 6784 points. Similar percentage gains were seen in benchmarks in Germany (DAX +1.5% to 10,419) and France (CAC-40 +1.63% to 4453) as the approached mid-day.
U.S. futures prices were indicating firm advances in New York, as well, with the S&P 500 seen 28.5 points higher from its Friday close of 2,085.18. The Dow Jones Industrial Average is indicated 230.72 points higher and the tech-heavy Nasdaq 76.7 points higher.
U.S. Federal Bureau of Investigation head James Comey said Sunday that his office found no new evidence in a troll of 650,000 emails linked to disgraced former lawmaker Anthony Weiner that would alter the FBI's view in July that she should not face prosecution. Weiner's estranged wife, Huma Abedin, is a close confidant and top aide to the Clinton campaign.
Comey had indicated in a letter to Congressional Republican lawmakers on October 28 that the new email find needed to be investigated as it could lead to a change in the Bureau's July conclusions.
HSBC plc (HSBC) shares were the top gainer in London, rising nearly 5% after Europe's biggest bank posted lower net profit but significantly improved its capital base and cost ratios.