U.S. futures jumped after the Federal Bureau of Investigation (FBI) again cleared Democratic nominee Hillary Clinton over her use of a private server.
Dow futures traded up 246 points as of 8:28 a.m. ET. S&P 500 futures were up 29 points, while Nasdaq e-mini futures gained 73 points.
The Mexican peso, which has acted as a barometer of the markets' perception of a likely Donald Trump victory, quickly strengthened to reach 18.54 against the dollar after the FBI's announcement, up from levels near 19.50 in the previous week. As of 8:29 a.m. ET on Monday, the dollar/peso traded at 18.6654.
With Canada another near neighbor, the Canadian dollar strengthened to a session high of 1.33 against the greenback after the news, before retreating to 1.339 as of 8:29 a.m. ET.
"The Canadian dollar and the Mexican peso, the two benchmarks for the election due to their close geographic and economic ties with the US, gained strength as a Clinton White House becomes a symbol for continental trade and prosperity," Anthony Darvall, chief market strategist at easyMarkets, said in a note.