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Dow loses more than 100 points amid North Korea tensions


Ongoing global glut concerns lingered in oil markets despite a bigger-than-expected draw in United States crude inventories, leaving prices volatile. The tweet came a day after Trump said his previous warning to North Korea that it would face "fire and fury" may not have been " tough enough ". The S&P, meanwhile, notched its first record close since July 26 on Monday. Read More »

North Korea standoff wipes $1trn off global stocks

US stock futures ESc1 were marginally softer on Friday. The Dow Jones Industrial Average fell 94.55 points, or 0.43 per cent, to 21,954.15, the S&P 500 lost 19.51 points, or 0.79 per cent, to 2,454.51 and the Nasdaq Composite dropped 76.39 points, or 1.2 per cent, to 6,275.94. Read More »

Korean tensions keep yen near eight-week highs


MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS was down 0.2 percent in early trading, while Japan's Nikkei was 1.2 percent lower as the stronger yen sapped investors' appetite. 'Pretty remarkable, perhaps even extraordinary, considering, ' said Tim Ash , strategist at fund manager BlueBay. The European Central Bank's target is similar to the US's at 2% however French inflation is only able to increase at 0.8% on the year and there are already concerns that the ... Read More »

TSX falls 0.94% as oil drops, geopolitical tensions rise


In commodities, oil prices slid on doubts over whether OPEC production cuts are draining a global supply glut. Ten-year USA yields dropped 4.3 basis points to 2.24 percent and German equivalents fell 3 bps to 0.43 percent, a six-week low. Platinum XPT= climbed 1 percent to $986.20 per ounce after touching $991.50, its highest since March 6. RETAIL SLUMP: Disappointing quarterly results from big department store chains put investors in a selling mood. Read More »

Dow down 100 as global tensions continue to weigh


U.S. President Donald Trump ratcheted up his rhetoric toward North Korea on Thursday, saying the reclusive communist country should be "very, very nervous" if it even thinks about attacking the United States or its allies. OH SNAP: The parent company of disappearing-message app Snapchat plunged 11.4 percent after reporting weak user growth and a wider loss than analysts were expecting. Read More »

Investors Looking For Havens On North Korea Tensions

Wall Street's downbeat start followed a slide in major stock indexes in Europe and Asia. The Dow Jones industrial average briefly fell more than 60 points before closing 33.08 points lower at 22,085.34. "We're not very oversold yet so the market still has more downside left to it". On Thursday, the CBOE Volatility Index, a barometer of expected near-term stock market volatility, closed at its highest since the US presidential election. Read More »

Seoul shares end lower on foreign selling amid tensions over North Korea


July's 0.1 percent increase in consumer prices suggests that the Federal Reserve may be less likely to raise interest rates next month. The Nasdaq Composite dropped 49.53 points, or 0.78 per cent, to 6,320.93. Materials, home to gold producers and other resource-based companies, was the only gainer among the index's 10 main sectors and was up 0.6 percent. Read More »

Gold Hits Two-Month High on North Korea Tensions


USA stock index futures fell, with the S&P 500 indicated to open down 0.4 percent after share prices fell in Europe and Asia. The Dow Jones Industrial Average fell 36.64 points, or 0.17 percent, to 22,048.7, the S&P 500 lost 0.9 points, or 0.04 percent, to 2,474.02 and the Nasdaq Composite dropped 18.13 points, or 0.28 percent, to 6,352.33. Read More »

Jose Mourinho: "This is now my team"


Manchester United means business this season. Earlier, Tottenham beat 10-man Newcastle 2-0 away thanks to goals by Dele Alli and Ben Davies, with last season's runner-up only pulling clear at St. We had similar performances last season with less quality and not the same confidence levels but we had very attacking performances, where we couldn't score the goals to win". Read More »

USA stocks open slightly higher


Still, the S&P and the Dow were on track to post their biggest weekly loss in about five months and the Nasdaq on course to post its biggest weekly fall in about six weeks. Shiseido shares soared 13.77 percent to 4,420 yen after the makeup company upgraded its annual sales and profit forecasts, and announced robust earnings for the January-June period. Read More »

We have to heal the wounds of our country, says Trump


Flanked by other men in white polo shirts and khaki trousers, he was seen holding a shield with the racially-charged insignia of the Vanguard America hate group. More than 100 are planning to attend a peaceful vigil at 6 p.m. today on Penn Square in response to the violence in Charlottesville, Virginia , that erupted over removal of a Confederate statue. Read More »

Dollar hits 8-week low vs yen on intensifying N.Korea tensions


US Defence Secretary Jim Mattis told Pyongyang it should stop any actions that would lead to the "end of its regime and the destruction of its people". "Although Japan is close to the epicentre of the crisis, the JPY typically strengthens during North Korean tensions as Japan is a creditor nation and local investors typically "bring money home" when they face a crisis", explains Thomas Harr, Global Head of FICC Research at Danske Bank . Read More »

Trump outbursts wipe $1 trillion off markets


Only utilities-sector stocks eked out a gain, on a day of mostly listless trading as investors kept an eye on the latest company earnings and geopolitical news. These mark a bucking against the 1.3% fall in Australia's benchmark index. On Thursday, fellow newly public company Blue Apron Holdings lost 18% after the meal-kit maker reported rising costs amid increased competition. Read More »

Global markets jarred by North Korea fears

MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.5 percent, while Japan's Nikkei lost 1.3 percent as the stronger yen sapped investor appetite. But the moves were modest. Spot gold added 0.7 per cent to $1,285.70 an ounce. The U.S. North-Korea tensions add to investor angst that has helped push up gold more than 10 percent this year, even with equities hitting records and the Federal Reserve keen to shrink its balance sheet. Read More »

Gold Inches Toward $1300 Ahead Of Inflation Data


Nasdaq 100 e-minis were down 17 points, or 0.29 percent, on volume of 36,232 contracts. Regions Financial shed 23 cents, or 1.6 percent, to $14.07. U.S. The stock fell $2.25 to $20.79. Its shares tumbled $11.35 to $61.99. Rival Advanced Micro Devices was also down 3.4 percent. The stock fell $1.07 to $5.17. Read More »

Musk Alludes to Model 3's Battery Capacity on Conference Call


Apparently, Musk's charm rubs off on bondholders, too. Despite media reports , there is no bad blood between the couple. According to Informa Global Markets (via CNBC ), they secured the 2025 senior notes at a yield of 5.25 percent despite receiving junk bond ratings from S&P and Moody's . Read More »

Global shares mostly lower on rising unease over North Korea

Politics lifted USA defence stocks. Trump is issuing a new warning over the North's development of nuclear weapons. North Korea said it was considering plans to fire missiles at Guam, a US -held Pacific island, after President Donald Trump on Tuesday warned the nuclear-armed nation that it would face " fire and fury " if it threatened the United States . Read More »

Stocks plunge amid growing North Korean-US tensions, gold continues rise

Markets in greater China mirrored the slide in global equities. Trump continued to ramp up the rhetoric with a post on Twitter this morning indicating that the prepared to take military action against North Korea. The Dow closed down 205 points Thursday, in its biggest decline since May 17, after U.S. President Donald Trump rejected criticism that his threats to release " fire and fury " had been too inflammatory. Read More »

European Stocks Deepen Declines as North Korea Tensions Linger


President Donald Trump promised " fire and fury and frankly power, the likes of which this world has never seen before " on Tuesday evening in response to recent threats from North Korea and its leader Kim Jong Un . and North Korea turned icy following hard-nosed rhetoric from both nations. Apple was down 2.3 percent, weighing most on the index . Investors also drew some encouragement from new government data showing USA inflation at the consumer level inched higher last month. Read More »

Sean Dyche says Burnley's win over Chelsea quietens doubters

Chelsea substitute Alvaro Morata reduced the deficit with a header of his own within minutes of being introduced off the bench, but Cesc Fabregas was sent off for a second yellow card in the 81st minute. The result will not improve the mood of Chelsea manager Antonio Conte , who hasn't hidden his frustration at failing to significantly bolster his squad in the offseason. Read More »

North Korea tensions drag down stocks but boost gold

Geopolitical concerns often prompt risk aversion and boost demand for the yen for its perceived safe-haven status. The S&P 500 volatility index jumped again on the latest jawboning in the US-North Korea standoff. The New Zealand dollar was 0.79 lower against the greenback after New Zealand's central bank said it was slightly more uncomfortable with the high level of the local dollar than it had been in May. Read More »

Gold, silver gain on rising tension between US-North Korea


The Swiss franc eased about 0.2 percent to 0.9658 per dollar, having surged roughly 1.1 percent on Wednesday. "If the rest of the world remains supportive, then there's reason in these earnings to be encouraged about the direction of the Japanese market, which has sort of been in a holding pattern for the past two months". Read More »