European Markets Sink Further Amid Rising Geopolitical Tensions
14 August, 2017, 05:52 | Author: Leticia Walters
ANALYST TAKE: "We're seeing significant risk aversion in the markets on Wednesday, with the escalation in tensions between the USA and North Korea triggering moves into safe haven assets", said Craig Erlam, senior market analyst at OANDA. The Dow Jones industrial average slid 204.69 points, or 0.9 percent, to 21,844.01, just shy of its low point for the day.
US stock indexes opened lower on Tuesday as investors paused after a recent record-breaking rally that helped the Dow notch up nine straight sessions of record close.
After a dip of as much as 0.52 percent earlier in the day, Wall Street's three major indexes bounced off intraday lows.
For the week the S&P fell 1.4 percent and the Dow lost 1.1 percent - their largest weekly drops since the week ending March 24 - and the Nasdaq was off 1.5 percent. Copper lost 0.39 percent to $6,455.00 a tonne.
The U.S. and North Korea exchanged verbal threats this week with President Donald Trump warning North Korea that any hostile action would be met with "fire and fury" and Pyongyang threatened to strike Guam, a U.S. territory.
Insurers and banks، which invest in higher-yielding products such as foreign bonds، were the two worst performers on the board after U.S. Treasury yields fell on Wednesday، with the yields on the benchmark 10-year note hitting a six-week low.
Avis Budget Group (CAR.O) fell 5.84 percent as the vehicle rental company's second-quarter profit missed expectations and the company cut its full-year profit view.
"As a result all major USA markets closed lower for the first time in over two weeks, and this weakness unsurprisingly has spilled over into Asia markets as well, as geopolitical tensions prompt some nervousness, particularly since North Korea's state media suggested that they examining the prospect of a missile strike near the U.S. base in Guam".
Manulife Financial Corp was down 1.1 percent to C$25.64.
The broader Topix dropped 0.2 percent to 1،615.56.
He is tied with American Kevin Kisner on eight-under par and the duo are two shots clear of third-placed Jason Day . Matsuyama fired seven birdies, including five in the back-nine, to charge ahead following a flawless second round.
That counts Saturday night's series opener that was delayed 3 hours and started at 7:05 p.m. on the West Coast. The San Francisco Giants and the Washington Nationals take the field in DC in a Sunday MLB match up.
Scattered showers and storms will decrease in coverage this evening with most places dry by the mid to late evening hours. Tuesday will see a slight chance of afternoon showers and thunderstorms on an otherwise partly-sunny day.
SoundCloud , just like music, will continue to evolve, but importantly, both will always be a key part of life. Ljung and SoundCloud co-founder Eric Wahlforss will remain with the company they founded a decade ago.
Seven Florida football players are suspended for the season opener September 2 against MI , the school announced Sunday. The No. 16-ranked Gators open the season against MI in the Advocare Classic on September 2 in Houston against No. 9 MI .
AES Corp. shed 26 cents, or 2.3%, to $11.12. "The slight bias to the upside (in stocks) is a result of the CPI number". The stock lost $4.15 to $102.83. "Add it all up and stocks are vulnerable to a pullback or correction", Bittles said.
According to a new report, HBO offered hackers $250,000 as a "bug bounty payment" to prevent these leaks. So far, they have released some unaired episodes of HBO content including Ballers and Room 104 .
Taylor Swift is claiming that Mueller grabbed her just beneath her skirt and one of her security guards witnessed it. Mueller said that Swift and her team "pressured station management to oust him from his $150,000-per-year job".
They were organised and you could see they had a clear game plan, but we've got quality and eventually it made the difference. Get live football score and live updates from Manchester City vs Brighton, Premier League 2017-18, here.
Venezuelan Foreign Minister Jorge Arreaza on Saturday said that Trump's comments threatened peace and stability in his country. "We have many options for Venezuela, including a possible military option if necessary", Mr.
Barnaby Joyce a Kiwi?
There will be a directions hearing on the Gillespie case in August, with substantive hearings expected before the end of the year. Barnaby Joyce has referred himself to the high court in order to clarify whether or not he is a dual citizen of New Zealand .
Anna Paquin jokes about BBC breast broadcast
Eagle-eyed viewers spotted an explicit video being played on a computer screen in the background of a shot on Tuesday (August 8). He was watching a sex scene, and no one was quite sure what it was.
Trump warns North Korea US is 'locked and loaded'
North Korean officials in turn have accused the USA leader of driving the Korean peninsula to the brink of nuclear war. Joseph Dunford, is traveling in Asia and expected to meet with leaders in South Korea, Japan and China.