Stock futures plunged and bonds rallied as the outcome of the presidential election remained much tighter than expected.
Investors moved into bonds and stocks cratered as traders questioned whether Democrat Hillary Clinton could win the race, as expected. The Mexican peso fell sharply against the US dollar.
"I would say the market is a bit more cautious as it doesn't seem to be such a quick and decisive victory for Hillary as it seemed," said Ian Lyngen, head of US rate strategy at BMO. "But it's not over yet."
