Economy

US stocks fall in early trading amid US-North Korea tensions

US stocks fall in early trading amid US-North Korea tensions

The reclusive state raised the stakes further on Thursday with a detailed plan to send a salvo of missiles towards the USA territory of Guam.

In his latest warning to North Korea, U.S. President Donald Trump said on Friday military solutions were "fully in place" and referred to American weapons as being "locked and loaded" should the nuclear-armed nation act "unwisely".

"The overall "Fear Factor" is the markets worst enemy that will feed on itself, leading to increased hedging".

About 15 minutes into trading, the Dow Jones Industrial Average had dropped to 21,947.15, down 0.5 percent from Wednesday's close, falling back below the 22,000 mark it first broke through on August 2.

The Russell 2000 index of smaller-company stocks gave up 9 points, or 0.7 percent, to 1,400.

Bryce Harper leaves game with apparent knee injury
The Nationals and Giants game spent about three hours in a rain delay prior to the game after having Friday's game rained out. The 24-year-old is as fearsome a hitter as anyone in the sport, reaching the All-Star Game in four of his first five seasons.

Investors on Thursday scampered to safe-haven assets such as gold and the Swiss franc, helping the precious metal hit a more two-month high. The Nasdaq composite lost 40 points, or 0.6 percent, to 6,329. The consumer discretionary index was one of its biggest losers with a 0.47 percent drop.

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

European stocks fell Thursday, with caution still lingering as tension between USA and North Korea escalated, and as German consumer goods company Henkel AG & Co. was among the companies whose shares pulled the market toward a second consecutive decline, MarketWatch reports.

Shares of Kohl's were down 8.4%, while Macy's fell 4% after the department store operators reported a fall in sales.

Retailers' results are being keenly watched by investors to gauge the companies' strategy to counter No. 1 online retailer Amazon.com's growth.

Trump Just Tweeted Out This Hilariously Inaccurate Twitter Poll
He said he had been in touch with the White House and there was no change in the threat level. "It's up there with crowd sizes and birth certificates", Lewis said.

Inflation has risen 1.7 percent over the past 12 months, suggesting that inflation pressures remain well under control.

Wall Street's downbeat start followed a slide in major stock indexes in Europe and Asia. "Every August we have some reason to run up the alarm", Kenny said.

The weaker-than-expected consumer price data in July, which pointed to benign inflation, could cause the Federal Reserve to hold off from raising rates again this year.

Declining issues outnumbered advancing ones on the TSX by 164 to 80, for a 2.05-to-1 ratio on the downside.

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

Wall St falls on ramp-up of U.S. tension with N. Korea
Wall Street saw a stock sell-off on Thursday as rising tensions between the US and North Korea filled investors with worry. North Korea said it was completing plans to fire four intermediate-range missiles over Japan to land near the U.S.


  • Redskins LB Trent Murphy out for entire 2017 National Football League  season

    Redskins LB Trent Murphy out for entire 2017 National Football League season

    He was injured with 4:59 left in the first quarter of Thursday's 23-3 preseason opening loss to the Baltimore Ravens . The Washington Redskins selected Murphy in the second round of the 2014 NFL Draft after a stellar career at Stanford.
    Usain Bolt's Career Ends By Pulling Up Lame In 4×100

    Usain Bolt's Career Ends By Pulling Up Lame In 4×100

    The Frenchman threw 66.10 meters in the javelin and has 8,067 points after nine events, 173 more than Freimuth. Britain gladly bagged a silver in 42.12, and defending champions Jamaica clocked 42.19 for the bronze.
    TSX falls as North Korea tensions spur flight to safety

    TSX falls as North Korea tensions spur flight to safety

    Computer hardware stocks rebounded following recent weakness, with the NYSE Arca Computer Hardware Index climbing by 1.4 percent. Trump's comments followed reports the North has mastered a technology needed to strike the United States with a nuclear missile.
  • Brighton vs Manchester City Preview: Probable Lineups, Tactics, Prediction and Key Stats

    Brighton vs Manchester City Preview: Probable Lineups, Tactics, Prediction and Key Stats

    I don't see Alexis Sanchez staying at Arsenal by September, and when you look at the rest of the team, I don't see it happening. All three have the pace to change defence into attack quickly, something City lacked in the full-back positions last season.
    Tech companies lead broad slide in U.S.  stocks; oil rises

    Tech companies lead broad slide in U.S. stocks; oil rises

    Earlier in Asia, Japan's benchmark Nikkei 225 slipped less than 0.1 percent, while Hong Kong's Hang Seng slid 1.1 percent. Benchmark U.S. crude fell 83 cents, or 1.7 percent, to $48.73 a barrel on the New York Mercantile Exchange.
    Yadav loses his job as JD(U) leader in the Rajya Sabha

    Yadav loses his job as JD(U) leader in the Rajya Sabha

    The party is going to have a committee meeting on August 19 that will take the final decision, Singh said. Following the events, Ali Anwar was expelled from the party for attending the meeting on Friday night.
  • Shoot-to-kill: India hunts serial killer elephant

    Shoot-to-kill: India hunts serial killer elephant

    Khan informed.After futile attempts by the veterinary team of the Jharkhand Forest Department to tranquillise the beast, Mr , As Reported By Hindu .

    Cabot Oil & Gas Corporation (COG) Investment Increased by Primecap Management Co/ca

    It increased, as 64 investors sold HAL shares while 301 reduced holdings. 106 funds opened positions while 394 raised stakes. The existing P/E value will allow investors to easily determine whether the company's stock price is cheap or expensive.
    Trump warns NKorea that U.S.  is 'locked and loaded'

    Trump warns NKorea that U.S. is 'locked and loaded'

    North Korea responded by detailing a plan to fire ballistic missiles toward the USA territory of Guam, home to US military bases. President Donald Trump says his critics are only complaining about his tough rhetoric on North Korea "because it's me".
  • Wenger Expects Lacazette Big Impact As Ibrahimovic For Man United

    Wenger Expects Lacazette Big Impact As Ibrahimovic For Man United

    Brighton face Tottenham , United and Liverpool while Huddersfield play Chelsea , City and Arsenal . "We have top quality". Winning everything! A player has a great season when the team does great.

    US Stocks Slip as North Korea Tensions Persist

    Analysts say some investors have also been looking for an occasion to sell stock due to high valuations. It has been the leading S&P gainer so far this year, making it particularly vulnerable to a decline.
    Manchester United in talks to re-sign Zlatan Ibrahimovic, confirms Jose Mourinho

    Manchester United in talks to re-sign Zlatan Ibrahimovic, confirms Jose Mourinho

    Many teams have nearly filled in their holes to chase the title and to face the #Uefa Champions League tough teams. The Red Devils have a clean bill of health barring long-term injuries to Luke Shaw, Ashley Young and Marcos Rojo.