World Media

Markets extend losses as Korea tensions escalate

Markets extend losses as Korea tensions escalate

Until then, Wall Street surprised by its low volatility, wrote on Tuesday.

The price of gold also surged for the second day in a row as the December bullion contract advanced US$10.80 to US$1,290.10 an ounce.

Nevsun Resources Ltd offset some of the material group's gains, plunging 16.4 percent to C$2.75 after the company reported disappointing quarterly results. The comments follow reports that the North has mastered a technology needed to strike the United States with a nuclear missile.

The last time the S&P 500 fell over 1 percent was on May. 17.

James Wan discusses difficulties of diving into Aquaman, teases new location
Though he admitted that the film is not easy to shoot, he hopes that this will pay off when it comes out in theater soon. He added, "Our equivalent of two people sitting around chatting in the underwater world is super complicated".

Geopolitical issue remain the biggest focus after North Korea dismissed comments from President Donald Trump as a "load of nonsense" and said it was outlining plans for a missile strike near Guam, where the USA has a military base, in mid-August.

Investors opted for the perceived safety of US Treasuries, which pushed the yield on the 10-year note three basis points lower to 2.21%. The stock was the biggest decliner in the S&P 500, losing $155 to $1,893.99.

Shares of Macy's tumbled 8.3 percent and Kohl's 7.3 percent after the department store operators reported a drop in quarterly same-store sales that stoked concerns that their turnaround may still be a long way off.

Disney dropped 4.5 percent after reporting a weak quarter and saying it would pull its movies from Netflix and start its own video streaming services. USA consumer prices were up a slight 0.1 percent in July.. The major index futures are now pointing to a modestly higher open for the markets, with the Dow futures up by 21 points. Equity benchmarks in Germany and France on Wednesday fell by more than 1% each, marking their worst sessions since July 21. The euro fell to $1.1760 from $1.1793.

Southampton v Swansea City
Swansea, who finished in 15th past year , have also been dealing with their own want-away player this summer: Gylfi Sigurdsson . But Clement moved to calm fears over the Swans' transfer dealings and hinted that deals are already in the offing.

BONDS: Bond prices rose. Hong Kong's Hang Seng was off 0.3 percent.

The influential financial stocks were among the biggest drags on the index, with Royal Bank of Canada down 1.5 percent to C$92.88, and Manulife Financial Corp falling 4.7 percent to C$24.43, its largest drop since early August a year ago.

"Risk aversion is once again the name of the game... as geopolitical tensions mount and investors head for cover in the traditional safe havens", said Oanda analyst Craig Erlam. Brent crude, used to price worldwide oils, gained 16 cents to $52.30 in London.

Data showed US producer prices unexpectedly fell in July, recording their biggest drop in almost a year, while another set showed the number of Americans filing for unemployment benefits unexpectedly rose last week.

Money no object for City, but Guardiola must deliver
But the solution is not changing players every season. "The group of players we have now are going to stay here for a long time ". Put simply, you should watch Kane because he scores goals: 54 of them in the Premier League over the last two seasons.

CURRENCIES: The dollar slipped to 109.78 yen from 110.06 late Wednesday in Asia.


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