U.S. stock indices surged over one percent, following the steps of other global stocks after the first round results of French presidential elections.
investments in gold and safe havens waned considerably, as risk appetite grew in the markets, underpinning Wall Street today.
Lower chances for far right candidate Marine Le Pen buoyed sentiment and sent U.S. stocks sharply higher, led by the financial sector, while the biggest loser today was the real estate sector.
Standard and Poor's 500 rose 1.01%, or 23.71 points to 2,372.40, while Dow Jones added 0.98%, or 201.09 points to 20,748.85.
Tech-heavy NASDAQ added 1.06%, or 62.54 points to 5,973.06.