United States stocks fall on North Korea worries

World Stocks Drop $1 Trillion Following Nuclear Rhetoric

The major averages all closed in positive territory, although the tech-heavy Nasdaq outperformed its counterparts.

The pan-European FTSEurofirst 300 index lost 1.01 per cent and MSCI's gauge ofstocks across the globe shed 0.26 per cent for a weekly loss of 1.6 per cent, the largest since the week to November 4.

After touching a more than two-month high at US$1,291.86, spot gold last added 0.2 per cent to US$1,288.81 an ounce. Economists had expected prices to rise by 0.2 percent.

The BATS UK 100 ended down 0.6% at 12,742.25, the BATS 250 closed down 0.4% at 18,064.11, and the BATS Small Companies ended flat at 12,242.37.

In a letter sent to Republican Senator Ann McLane Kuster, Humphrey said that Trump is making a bad situation worse with his recent promise that North Korea would face "fire and fury" if it continued to threaten the U.S., a local news station WMUR first reported.

The tensions, since Trump made his "fire and fury" comments on Tuesday, have wiped out almost $1 trillion from the global equity markets.

"While the U.S. President insists on ramping up the war of words, there is a decreasing chance of any diplomatic solution", Carnell said.

But U.S. stocks regained some lost ground, despite Trump's comments Friday that U.S. weapons are "locked and loaded", ready to respond if North Korea acts "unwisely". "Hopefully Kim Jong Un will find another path!"

1 winning ticket sold for $393 million lottery
If you missed out on the jackpot by a few numbers (or by all of them, for that matter), the Powerball drawing is set for Saturday. In addition to the jackpot victor , there were three tickets that matched the five white balls to win the game's second prize.

I sent Ali Anwar to attend Opposition meet: Sharad Yadav
Yadav, who is on a tour of Bihar , has said he still believes he is a part of the grand alliance with the RJD and the Congress. He said that when we have formed a government in Bihar, it is natural that we also get involved in the center.

Stocks, dollar extend slide as US, North Korea tensions intensify
The Dow Jones industrial average closed 0.9% lower on Thursday, while the S&P 500 dropped 1.5% and the Nasdaq shed 2.1%. Crude oil prices tumbled on the back of the selloff on Wall Street and lingering concerns over global oversupply.

"This situation is beginning to develop into this generation's Cuban Missile crisis moment, with recent leaked intelligence reports alleging that North Korea now has miniaturised its nuclear warheads, which extends the range of its missiles, and potentially brings US targets into reach", ING's chief Asia economist Robert Carnell said in a research note on Friday.

The Swiss franc reversed a two-week losing streak and gained 1.1 percent to as firm as 0.9611 per dollar. The index bounced off its lowest closing level in six months. Consumer-focused companies and technology stocks slumped.

Housebuilders Persimmon, Taylor Wimpey and Barratt fell by 2.8 to 3% on weak house price data. The stock jumped, up 21.6 per cent as of 3.40pm, after the maker of luxury handbags and apparel posted results that exceed expectations.

US stock futures slipped while US Treasuries, gold and the safe-haven yen rose in early Asian trading on Wednesday after tensions on the Korean peninsula escalated. South Korea's Kospi slid 0.44%, extending losses after the index slid more than 1% in the last session.

Trading was thinner than usual, with Japanese markets closed for a public holiday.

This will see Vantiv shareholders owning the majority of the new group with 57% and Worldpay shareholders with the remaining 43%.

In currency markets, the Canadian dollar was trading at an average price of 78.71 cents United States, down 0.20 of a USA cent.

According to the NYT, people familiar with the matter say that while Trump and his team anticipated that he might be asked about North Korea and they had brainstormed general responses, he "had not run the specific language by them".

Related news:

Hot News

isis-killer-beheading-video-story-top Muktar Edris crashes Mo Farah party with 5000m gold
Aug 13, 2017 - 01:12
Quite simply, Farah will go down in history as Britain's best-ever athlete and one of the greatest the world has ever witnessed. I am the next champion. "I didn't have much support, but we did it".

isis-killer-beheading-video-story-top Swansea's Paul Clement calls for Gylfi Sigurdsson transfer compromise
Aug 12, 2017 - 14:35
Everton boss Ronald Koeman has suggested his side are close to signing Swansea City midfielder Gylfi Sigurdsson . Let's hope we get an agreement as soon as possible". "We are not in a hurry but finally we hope to do the deal".

isis-killer-beheading-video-story-top When the sun goes dark: 5 questions answered about the solar eclipse
Aug 12, 2017 - 13:52
Stores across Lexington are reporting that they are out of eclipse glasses and aren't sure when they will get more in stock. Certified eclipse glasses are fine to look though unless they're scratched, punctured, torn or otherwise damaged.

isis-killer-beheading-video-story-top Toilet Ek Prem Katha collects decent money
Aug 12, 2017 - 13:40
The film follows the story of a newly Wednesday couple played by Akshay Kumar and Bhumi Pednekar who live in a small town. Several Bollywood celebs such as Alia Bhatt, Karan Johar and Varun Johar lauded the Shree Narayan Singh film.

isis-killer-beheading-video-story-top OnePlus 3 and 3T to get Android O as final software update
Aug 12, 2017 - 13:38
In addition, Oliver also said that OnePlus will also end the Open Beta Program for the 3/3T after Android O update is released. Confirmed via the OnePlus forums , the last Android version update the OnePlus 3 and OnePlus 3T will receive is Android O .

isis-killer-beheading-video-story-top Father, Daughter Pulled From Water Off Park Point Deceased
Aug 12, 2017 - 13:04
Earlier Thursday, the Duluth Fire Department had issued a "red flag warning" for the Park Point beach. A search of the adjacent waters began with rescue boats from several agencies including the St.

isis-killer-beheading-video-story-top Tata Motors, Skoda call off partnership plan
Aug 12, 2017 - 12:52
The two companies were exploring using Tata Motors' AMP (Advanced Modular Platform) with VW technology to build small cars. VW and Skoda have made a decision to explore VW's MQB platform for possible further synergies, the source said.

isis-killer-beheading-video-story-top Arsenal battle back to win seven-goal thriller
Aug 12, 2017 - 12:45
Shakespeare was true to his word and started Riyad Mahrez despite the Algeria global asking to leave the King Power Stadium . Asked if Giroud could still leave before the transfer window closes on August 31 until January, Wenger replied: "No".

isis-killer-beheading-video-story-top China says willing to pay the price for new North Korea sanctions
Aug 12, 2017 - 12:22
The latest United Nations resolution bans North Korean exports of coal, iron, iron ore, lead, lead ore and seafood. There are few options that will drive the North Korean leaders to lay down their arms.

isis-killer-beheading-video-story-top Petroleo Brasileiro SA- Petrobras (NYSE:PBR) closed with a change of -0.56%
Aug 12, 2017 - 11:48
It dived, as 135 investors sold CVS shares while 627 reduced holdings. 102 funds opened positions while 164 raised stakes. Whereas, in last 21 trading days (one month) was surged 10.07% and plunged in last 63 trading days (quarter) of -8.86%.

Mourinho eyes second season glory with United
Aug 12, 2017 - 11:09
"I think Manchester United will win the Premier League because Mourinho has never failed in a second season". I will go with what I have to try to win everything.

isis-killer-beheading-video-story-top Vande Mataram in BMC schools: Plan heads after mayor's nod
Aug 12, 2017 - 10:49
Patel said, "To encourage patriotic feelings among citizens, we should make [singing] Vande Mataram compulsory twice a week in all schools and colleges run by BMC ".

isis-killer-beheading-video-story-top Guardiola, Mourinho spend heavily to dethrone Chelsea
Aug 12, 2017 - 10:46
Manchester United manager Jose Mourinho expects seven teams to be in the running for the Premier League title in 2017-18. That said, he's been backed in the transfer market, and has now had a full year to translate his ideas.

isis-killer-beheading-video-story-top Barcelona vs Real Madrid: 25/1 Betting Odds on Catalans
Aug 12, 2017 - 10:31
However, his situation at Real Madrid underwent a dramatic U-turn in the second part of the season following Gareth Bale's injury. Isco , according to the report, has already signed the new contract which is worth €6m-a-year.

isis-killer-beheading-video-story-top House price growth is 'coming to a standstill', surveyors say
Aug 12, 2017 - 10:25
Richard Sexton, director at e.surv, doesn't think housing professionals should be too concerned by the slowdown indicated by RICS. Looking ahead, near term price expectations continue to signal a flat trend over the coming three months at the headline level.