Geopolitical Concerns Lead To Weakness On Wall Street
10 August, 2017, 00:10 | Author: Darrell Baldwin
The broad-based Stoxx Europe 600 stock index dropped 0.5 percent in early trading, with key indices, such as Britain's FTSE 100, Germany's DAX and France's CAC all down 0.5 percent or more.
U.S. stocks clawed back losses late on Wednesday as investors appeared to brush off geopolitical concerns after falling in the wake of U.S. President Donald Trump's "fire and fury" warning to North Korea.
After a dip of as much as 0.52 percent earlier in the day, Wall Street's three major indexes bounced off intraday lows.
Pyongyang has made no secret of its plans to develop a nuclear-tipped missile able to strike the United States, which it says are a legitimate means of defence against perceived USA hostility, including joint military drills with South Korea. Hours later, North Korea said it was considering launching missiles at Guam.
The Nasdaq Composite was down 16.88 points, or 0.26 percent, at 6,353.58.
Late Tuesday, North Korea had said it was considering plans to fire missiles at Guam, a US territory, after Trump's warning earlier in the day. More than 70 percent of S&P 500 companies that had reported posted better-than-expected earnings while 69 percent have beaten of sales, according to data from Thomson Reuters I/B/E/S.
Considerable weakness is also visible among tobacco stocks, as reflected by the 1.1% drop by the NYSE Arca Tobacco Index.
The Dow snapped a ten-day winning streak, including nine consecutive record highs.
US 30-year bond yields slid to a six-week trough of 2.790 percent, compared with 2.867 percent late on Tuesday.
Ten out of the 11 major S&P 500 sectors ended lower after the comments with the only gains seen in the utilities sector .SPLRCU , which is seen as a bond proxy because of its slow but predictable growth and dividends.
Office Depot tumbled 22.4 percent after the office supplies retailer's quarterly results came in below estimates. The Dow slid 0.2 percent to 22,085.34.
BONDS: Bond prices fell. September-dated crude futures settled up 0.8%, or 39 cents, at $49.56 per barrel.
About 6.22 billion shares changed hands on USA stock exchanges, slightly above the 6.15 billion average for the last 20 sessions. The euro fell to $1.1760 from $1.1793. Japan's Nikkei 225 slipped 0.3 percent, while Australia's S&P/ASX 200 lost 0.5 percent. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, is down by 5.8 basis points at 2.225 percent. Hong Kong's Hang Seng added 0.6 percent.
UF Health Jacksonville and Baptist Medical Center Beaches are tied for fourth in Northeast Florida and 23rd in the state. Augustine's Flagler Hospital, which tied for 16th in the state, is the third ranked hospital in Northeast Florida.
Where can I watch Real Madrid vs Manchester United? "I never look at it in terms of taking on my former club, not at all.". The photo came to light after the 32-year-old told the courts he wants to come back to England.
There was no denying Mo Farah . "It felt like they were in a training camp together, how they were working to together". Meanwhile, Holly Bradshaw reached the pole vault final but Nick Percy missed out in the discus.
On Friday, Attorney General Jeff Sessions announced that the agency will be aggressively investigating leaks to the media. Like the CT senator, Trump also received five military deferments that allowed him to escape service in the Vietnam War.
Notably, the latter entered the quarter-final after saving a match point to beat world number nine Dominic Thiem on Friday. The third set tiebreaker is where things really became tense. "I have nothing to lose", said the 25-year-old Delhi lad.
He said, "From our findings, it is very clear that the person who carried out the attack must be an indigene of the area". Oye, who described the attack as wicked, urged the security agencies to unravel those responsible for the dastardly act.
The dispute involved Landry's girlfriend, who is the mother of his daughter, according to a report from WINZ radio's Andy Slater . Miami Dolphins receiver Jarvis Landry is reportedly being investigated by the Broward County State Attorney's Office for battery.
Though they were risky shots, he played a lot of sweeps and cross-batted strokes to good effect on a slow turner. Not a great believer in enforcing follow-on, skipper Kohli said that a lead of 440 runs convinced him to do so.
Even the RSS threat to force the centre to dismiss the LDF government has evoked only ridicule from various corners. Union Minister Arun Jaitley landed in Kerala Sunday morning, where he was felicitated by the state party leader.
Cardinals Fan!' McEnany was one of President Trump's most effective messaging defenders on CNN , the heart of what Dr. She later studied at the University of Miami's Law School and transferred to Harvard Law School.
In this approach, nicotine and the problem of addiction are placed at the center of the tobacco regulation efforts by the agency. Regulatory procedures are also being revised and made more transparent and predictable for manufacturers of these products.
Arsenal's firm stance on the player is admirable, but the version of Sanchez they will enjoy this season remains to be seen. However, Arsenal levelled in the 82nd minute when new signing Sead Kolasinac headed home Granit Xhaka's free-kick.
Overwatch Summer Games are Live and Have the Best Skins
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Shoals gas prices rise again
Americans are driving more miles, increasing demand at the pump, and USA oil prices recently returned to the $50-per-barrel mark. Areas in California and their current gas price climate: Stockton- $2.82/g, down 2.6 cents per gallon from last week's $2.85/g.
Usher's Insurance Company Says It Won't Pay For STD Lawsuit
One of the clients is 21-year-old Quantisia Sharpton, who said she met Usher at a concert she attended for her 19th birthday. Later, she says a security guard came up to her and asked for her number because Usher was "interested in her".
Explosion on Lahore's Band Road leaves 32 injured
Investigators believe the truck was transporting the explosives somewhere else to be used in an act of terrorism. Punjab Chief Minister Shahbaz Sharif has asked for a report from Capital City Police Officer Amin Wains.
Bitcoin Prices Rise as Post-Fork Market Shows Poise
Today ( Friday, August 4 ) the price has plunged to $239, having fallen by 35%, with its market cap now standing at $3.94 billion. Other Asian countries have relaxed regulations, and China is soon going to publish guidelines for trading in the currency .