Election results are trickling in, and the reaction across markets is mixed.
First, the Mexican peso is surging. The peso jumped to 18.3385 per dollar after Hillary Clinton surged ahead in Florida. The currency retraced its earlier losses and is now flat after being down by 0.7%.
This currency pair has been the most watched of the election. A weaker peso has tracked higher odds of Donald Trump winning the election, given his past comments on toughening trade and immigration with Mexico.
US stock futures have fluctuated during the night, but remain higher. Stocks gained big on Monday, and rallied Tuesday, following news that the Federal Bureau of Investigation concluded its investigation into additional emails Hillary Clinton sent from a private server while she was Secretary of State.
Gold is higher by $1.70 per ounce to around $1,277 as of 7:30 p.m ET. This is up from a $6 per ounce drop as the precious metal started evening trading, but is nearly $20 from its high during trading on Tuesday.