vegassports-odds.com
vegassports-odds.com August 24, 2017


Stocks slide on continued concern over tension between USA and North Korea

12 August 2017, 09:49 | Melvin Schneider

Gold Hourly

Gold Hourly

Overnight North Korea dismissed as a "load of nonsense" warnings by U.S. President Donald Trump that it would face "fire and fury" if it threatened the United States.

The Standard & Poor's 500 index fell 35 points, or 1.4 percent, to 2,438, its biggest drop since mid-May.

Chinese stocks seemed little affected though, and Australian stocks rose Wednesday after a weaker Tuesday amid strong earnings reports from big banks.

Markets were also lower in Europe and Asia.

While European stocks have seen robust inflows in the wake of the French elections, their performance have lagged their USA rivals since mid June.

Elsewhere, French conglomerate Vivendi saw its stock fall 2.1 percent in the morning hours, while Italy's Mediaset dropped only 0.3 percent.

US crude was unchanged at $48.59 per barrel and Brent was last at $51.84, down 1.63 percent on the day.

It also outlined detailed plans for a missile strike near Guam, which is more than 3,000 km (2,000 miles) to the southeast of North Korea and home to about 163,000 people, a U.S. Navy base that includes a submarine squadron and an air base.

"I think a few investors are capitulating to it".

Kyrie Irving went days without talking to teammates
Could Cleveland not talk to Phoenix now after this leak of information? McMenamin's comments above start at the 20:37 mark. Jones is obviously a close friend of LeBron James and his team is one of the front-runners in the chase for Kyrie.

Danny Rose apologizes to Spurs for abrasive interview, Pochettino responds
That situation killed me but it's OK, look now. "And when you sign a player like Eric Dyer, who is an global today when no one knew him before".

Douglas County reports first confirmed West Nile virus case of 2017
Mosquito testing in Kent County has revealed the presence of West Nile Virus for the first time this season. The number of West Nile cases has been low this year, but can increase in late summer/early fall.

The utilities index, often seen as a bond proxy because of its companies' slow reliable growth and high dividends, was the only S&P sector that ended the day up, showing a 0.25 percent gain.

The Japanese yen hit an eight-week high against the US dollar, and USA -traded Nikkei stock futures dropped 2 percent to their lowest since mid May.

Global stock markets are firmly in the red after another escalation of tensions between North Korea and the United States.

JJ Kinahan, chief strategist at TD Ameritrade, said geopolitics had "splashed cold water on the markets".

"The typical text book trade is that investors rush for safe havens".

The last time the S&P closed down more than 1 percent was May 17 when it fell 1.8 percent. The yield on the 10-year Treasury note slipped to 2.21 percent from 2.25 percent late Wednesday. The contract fell 97 cents, or 2 percent, to close at $48.59 a barrel on Thursday.

The dollar weakened after news that US producer prices unexpectedly fell in July, recording their biggest drop in almost a year and pointing to a further moderation in inflation that could delay a Federal Reserve interest rate increase. The Russell 2000 index of smaller-company stocks gave up 13.20 points, or 0.9 percent, to 1,396.95.

The dollar slipped below ¥110 in Tokyo trading on Wednesday, as the yen attracted safe-haven buying on growing geopolitical risks over North Korea's missile and nuclear development programs.



Other News

Trending Now

Scontro Kim-Trump, Pentagono: "Guerra sarebbe catastrofica"
Se la Corea del Nord dovesse attaccare Guam , se ne pentirà seriamente, ha dichiarato il presidente statunitense Donald Trump .

LG V30 Plus might come along with the LG V30
The V30 Plus is expected to have 128GB of storage on deck, whereas the regular V30 will have "merely" 64GB of the stuff inside. This is going to be a tough one for LG as Samsung might also find a similar price range for its Galaxy Note 8 .

Trump warns NKorea that USA is 'locked and loaded'
The U.S. military also has a THAAD missile defense system on the island, which could hit the missiles on their way back to earth. "We never do.

Alabama Teachers Can Have Sex With Their Students, Judge Rules
The judge who handed the case ruled that "current laws protect vulnerable people such as those who are mentally incapacitated and minors".