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WALL STREET SHAKEN BY U.S. ELECTION, RATE UNCERTAINTY


Wall Street sold off sharply on Tuesday, with the S&P 500 touching a nearly four-month low, amid growing concern over the impending U.S. presidential election and prospects for higher U.S. interest rates. The CBOE Volatility Index .VIX, a gauge of near-term investor anxiety, jumped to almost a two-month high. The tumultuous presidential race between Democrat Hillary Clinton and Republican Donald Trump has appeared to tighten in the past week after news that the FBI was investigating more emails as part of a probe into Clinton's use of a private email system.

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