Here's how gold, stocks, the 'fear index' and more reacted to the new Clinton email probe
Markets got a jolt Friday afternoon when it was revealed that the Federal Bureau of Investigation is looking into new emails related to Hillary Clinton.
Stocks fell, gold and the so-called "fear index" jumped, while the U.S. dollar strengthened against the Mexican peso and Canadian dollar.
U.S. stocks erased gains, with health care and financial stocks leading the way lower. The S&P 500 (^GSPC) briefly fell below the psychologically key 2,120 level that many traders view as a support preventing further declines.
"Markets sold off, 12 (basis points) in S&P futures … it increases Trump's chances from very low to slightly higher,' said Ilya Feygin, senior strategist, WallachBeth Capital.
S&P 500 intraday performance Friday
Source: FactSet
The iShares Nasdaq Biotechnology ETF (IBB) (IBB) traded above session lows but was still down 2 percent in afternoon trade. A Clinton victory is generally seen as negative for biotech stocks because of her comments against high drug prices.
Gold futures for December delivery spiked to $1,284 an ounce in extended-hours trade to its highest since October 4. Gold had settled up $7.30 at $1,276.80 an ounce earlier in the afternoon.
The VanEck Vectors Gold Miners ETF (GDX) (NYSE Arca: GDX) traded more than two-thirds of a percent higher, tracking for its first positive day in three.
Treasury yields fell to session lows, with the 10-year Treasury yield (U.S.:US10Y) near 1.84 percent and the 2-year Treasury yield (U.S.:US2Y) below 0.86 percent.
The CBOE Volatility Index (.VIX) (^VIX), considered the best gauge of fear in the market, jumped above 17 to its highest since October 13.
VIX intraday performance Friday
Source: FactSet
The U.S. dollar climbed 1 percent against the Mexican peso , and hit its highest since March versus the Canadian dollar.
But the greenback weakened against other major currencies to below 98.63 — the break-even level for the year. The dollar also erased gains for the week and was on pace to snap a three-week win streak.
The euro traded around $1.098 and the yen was near 104.7 versus the dollar as of 2:53 p.m. ET.
U.S. dollar index year-to-date performance
— CNBC's Gina Francolla contributed to this report.
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