Markets Right Now: Stocks drift lower on Wall Street

USA stocks were lower on Wednesday as investors scurried to safe-haven assets after President Donald Trump's "fire and fury" warning to North Korea escalated tensions with the nuclear-armed nation.

The Korean People's Army said on Wednesday it was "carefully examining" plans for a missile attack on the U.S. Pacific territory of Guam, which has a large U.S. military base.

While gold, a safe-haven favorite, pared some gains, it was last up 1.2 percent, at around its highest since mid-June.

The 30-year Treasury bond rose 31/32 in price to yield 2.8191 percent, from 2.867 percent late on Tuesday.

"Equity markets have also come under pressure, with the geopolitics bringing the run into record highs on Wall Street to an end", Perry said.

Trump tweeted on Wednesday about the strength of the American nuclear arsenal, but expressed hope it would not need to be used.

Britney Spears Frightened During Vegas Show as Man Rushes Stage
Spears' security team stood around her as additional members of security and some of Spears' dancers kept the man contained. Britney's Piece Of Me residency has grossed over $100 million since it debuted way back in 2013.

The CBOE Volatility Index .vix , the most widely followed barometer of expected near-term stock market volatility, was at its highest in more than a month.

"There's uncertainty and caution as investors nervously eye the next foreign policy moves".

THE QUOTE: "Risk-averse sentiment is dominating global equities markets, and US indices have retraced from record levels over the last two days".

"Despite all this, there's no reason to press the panic button".

North Korea "will be met with fire and fury" if it keeps threatening the US, Trump told reporters at the Trump National Golf Club in Bedminster, New Jersey, according to media reports.

The stock market overall took a hit, as the Down Jones Industrial Average dropped 60 points before ending the day down 32.75 points. The Dow slid 33.08 points, or 0.2 percent, to 22,085.34.

Mauricio Pochettino: 'Adapting to Wembley a big challenge'
Right-back is a particular priority for Spurs, who will be without Kieran Trippier for the first two weeks of the season . Because the Dream Team game - the UK's biggest fantasy football game - is back and better than ever this season.

The Standard & Poor's 500 index fell 7 points, or 0.3 percent, to 2,467.

Disney shares were down 4.8 percent as investors were skeptical of its plan to launch streaming services rather than rely on Netflix. Regeneron Pharmaceuticals led the pack, adding $4.47, or 1 percent, to $474.15. Travel-review website operator TripAdvisor was down 7.35 percent.

However, shares of Dean Foods tumbled 20% to $US11.96 after the U.S. dairy processor posted quarterly results that fell short of expectations and downgraded its full-year forecast amid "a challenging and rapidly evolving retail environment".

The dollar weakened against the yen, which is often sought in times of geopolitical tension. Sydney's S&P-ASX 200 gained 0.5 percent to 5,773.70 while New Zealand also rose.

Declining issues outnumbered advancing ones on the NYSE by a 2.29-to-1 ratio; on Nasdaq, a 2.47-to-1 ratio favored decliners. Tokyo's Nikkei 225 tumbled 1.3 percent, while Seoul's Kospi fell 1.1 percent.

Nawaz Sharif rules over hearts of masses: Shahbaz
The rally has reportedly passed by Dina and Sohawa and is on its way to Lahore, place designated for the rally's culmination. For this goal , PML-N MNAs in both cities have been instructed to make arrangements to accommodate a large number of people.

Recommended News

  • James Harden Revealed as NBA Live 18 Cover Star, Release Date Announced

    James Harden Revealed as NBA Live 18 Cover Star, Release Date Announced

    Thus, you can play NBA Live 18 for over a month before most people will get a chance to play, giving you a real leg up. The "groundbreaking" NBA Live 18 demo launches tomorrow, August 11, for PlayStation Plus and Xbox Live members.
    N. Korea threatens attack on Gaum after Trump's 'fire and fury' warning

    N. Korea threatens attack on Gaum after Trump's 'fire and fury' warning

    The response from Pyongyang was its most public and detailed threat to date, and evidently meant to goad the U.S. president. The Telegraph notes that North Korea is thought to have around 1,000 ballistic missiles and many of them are short-range.
    African migrants storm Spanish beach after arriving on inflatable boat

    African migrants storm Spanish beach after arriving on inflatable boat

    The Guardia Civil did not provide any more details about the number of migrants on board, or whether they had since been located. More than 1,700 have been rescued from the water so far this year, with the month of June alone seeing more than 900.
  • Mattel, Inc. (MAT) Shares Sold by Washington Trust Bank

    Zacks Investment Research's sales calculations are an average based on a survey of analysts that that provide coverage for Mattel. The company had revenue of $735.60 million during the quarter, compared to the consensus estimate of $797.60 million.
    Weather warning as United Kingdom  braced for summer downpours

    Weather warning as United Kingdom braced for summer downpours

    Fifty properties were affected and several people had to be rescued from their homes from the village in Cornwall. In some places 0.8in (20mm) to 1.2in (30mm) is predicted to fall within two or three hours.
    Microsoft's CoCo Framework Aims to Speed Up Blockchain Adoption

    Microsoft's CoCo Framework Aims to Speed Up Blockchain Adoption

    Microsoft will be releasing the Coco Framework in 2018 for free as an open source project hosted on GitHub. It is a shared public record of data that is maintained by a network of computers on the Internet.
  • Wisconsin LB Jack Cichy suffers ACL tear, will miss 2017 season

    Wisconsin LB Jack Cichy suffers ACL tear, will miss 2017 season

    Wisconsin has lost senior linebacker Jack Cichy for the 2017 season after he suffered a knee injury. Edwards also had a great season past year , earning 89 tackles, three sacks and three interceptions.

    Trader Alert: Unusual Volume Spotted in Monarch Casino & Resort, Inc. (NASDAQ:MCRI)

    The company reported $0.40 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.37 by $0.03. Equities research analysts expect that Monarch Casino & Resort will post $1.51 earnings per share for the current fiscal year.
    Betty Shelby sworn in at Rogers County Sheriff's Office as reserve deputy

    Betty Shelby sworn in at Rogers County Sheriff's Office as reserve deputy

    The Rogers County Sheriff's Office has hired the former Tulsa police officer acquitted in the deadly shooting of Terence Crutcher.
  • Uber's first employee Ryan Graves is stepping down

    Uber's first employee Ryan Graves is stepping down

    A former management consultant in Chicago, Graves started as general manager and was soon promoted to be the company's first CEO. As the SVP of global operations, Graves has focused on initiatives like Uber's food delivery service, UberEats.
    Purse catches fire, briefly halts Nevada city council meeting

    Purse catches fire, briefly halts Nevada city council meeting

    Eventually, people in attendance were able to extinguish the flaming purse and continue the city council meeting. When the purse caught fire, the woman immediately threw the purse off of her lap.
    Conte wants more players

    Conte wants more players

    The attacking midfielder's wage demands will barely make a dent in Chelsea's coffers and his valuation, too, seems reasonable. Their debut seasons at their respective Manchester clubs didn't' go according to plan, especially for Pep Guardiola and City.

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.