Futures on the S&P 500 Index slipped, European shares pared an advance and gold eked out gains, pointing to investor caution before the U.S. presidential election, with opinion polls showing Hillary Clinton narrowly ahead of Donald Trump. Stock markets traded in narrow ranges after U.S. equities, which have shown themselves sensitive to Clinton’s prospects, jumped the most in eight months on Monday, following the Federal Bureau of Investigation’s decision to exonerate her use of e-mails while secretary of state. Gains for gold and Treasuries, twinned with a weaker yen and higher emerging markets, sent conflicting signals over the likely outcome of the vote. Better-than-estimated earnings pushed Credit Agricole SA higher.

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