North Korea nerves rattle stocks, lift gold, yen

By Masayuki Kitano

By Masayuki Kitano

In another statement citing a different military spokesman, North Korea also accused the United States of devising a "preventive war" and said any plans to execute this would be met with an "all-out war wiping out all the strongholds of enemies, including the USA mainland".

The S&P 500 .SPX lost 5.99 points, or 0.24 percent, to close at 2,474.92 and the Nasdaq Composite .IXIC dropped 13.31 points, or 0.21 percent, to 6,370.46.

The utilities index.SPLRCU, 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.

Tensions in North Asia have escalated dramatically as North Korea threatens a missile strike against Guam after President Donald Trump warned any threat against the US would be met with "fire and fury".

KOREA JITTERS: With President Donald Trump warning North Korea of "fire and fury", investors have become concerned that the war of words between Washington and Pyongyang could escalate. At double the average of other economies, the aggregate debt of China's state-owned enterprises (SOEs) and private companies stood at US$15.7 trillion past year.

Windstream Holdings Inc (WIN) Receives Consensus Recommendation of "Hold" from Analysts
The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link . Fox Run Management L.L.C. bought a new stake in shares of Windstream Holdings during the first quarter valued at about $105,000.

Selling was broad. Declining issues outnumbered advancing ones on the NYSE 6-to-1; on Nasdaq, a 3.60-to-1 ratio favored decliners.

On Wednesday, North Korea's military said it is considering missile strikes near the USA territory of Guam, warning that it is ready to stage an all-out war if Washington launches a preventive war against it.

On Friday basic resource stocks dropped 2.6 percent to a month low as Chinese base metal prices collapsed as political pressures took their toll. The Russell 2000 index gave up 1.7 percent to 1,372.54.

In Europe, the pan-continental STOXX 600 index lost 0.8 per cent, with falls deepening after reports a auto had rammed a group of soldiers in Paris, injuring six.

South Korea's Kospi sank 1.8 percent to 2,316.88 and Hong Kong's Hang Seng shed 1.5 percent to 27,041.83.

Guardiola: 'Intelligent' Bernardo Silva ready to make immediate impact
But I think West Ham after the first goal, they stayed with the same system and it was hard . I hope I can prove I'm just as good as them.

Investors again sought safe-haven assets such as gold and the Swiss franc, helping gold hit a more two-month high.

Top automaker Hyundai Motor was up 1.39 percent to 146,000 won, and top steelmaker POSCO advanced 0.59 percent to 339,500 won.

Benchmark 10-year notes last rose 5/32 in price to yield 2.2255 percent, from 2.242 percent late on Wednesday.

OIL: Benchmark U.S. crude lost 12 cents to $48.47 per barrel on the on the New York Mercantile Exchange. Brent crude, used to price global oils, declined 23 cents to $51.67 per barrel in London.

In forex trading, the dollar fetched 109.99 yen, almost flat from 110.02 yen in NY but up slightly from 109.74 yen in Tokyo Wednesday.

TalkTalk fined for exposing customers to scam risk
Fraudsters had breached maintenance visits data in order to convince customers to allow them remote access to their computers. But that's not to say the cybersecurity incidents did not have consequences for TalkTalk.

Recommended News

  • Catelyn Stark in the background.?? : asoiaf

    Catelyn Stark in the background.?? : asoiaf

    And the excitement at this potential spot has reached fever pitch because in the book series by George R.R. Martin , the spirit of Catelyn comes back to life as an undead character called Lady Stoneheart.

    Kinder Morgan, Inc. (KMI) Receives Average Rating of "Buy" from Brokerages

    State Of Wisconsin Investment Board increased S&P Global Inc stake by 62,112 shares to 271,201 valued at $29.17 million in 2016Q4. The firm owned 154,239 shares of the pipeline company's stock after buying an additional 14,250 shares during the period.

    IShares MSCI Brazil Index

    The Average Directional Index or ADX is technical analysis indicator used to discern if a market is trending or not trending. Used as a coincident indicator, the CCI reading above +100 would reflect strong price action which may signal an uptrend.
  • Where's the president's desk? Oval Office emptied

    Where's the president's desk? Oval Office emptied

    Workers were also seen touching up steps on the South Lawn - cranes overhead - as carpets were removed from the West Wing. A sign in the Palm Room of the White House in Washington alerted visitors as the West Wing is undergoing renovations.

    Chevron Corporation (CVX) Position Maintained by D. Scott Neal Inc

    Zacks Investment Research cut Chevron Corporation from a "hold" rating to a "sell" rating in a research note on Monday, July 17th. Following the transaction, the chief financial officer now owns 43,838 shares in the company, valued at approximately $4,866,018.
    Cuts Rating On Masonite International Corporat (DOOR) To

    Cuts Rating On Masonite International Corporat (DOOR) To "Equal-Weight"

    Wall Street is only getting more bullish on the stock, with 12 of analysts who cover DOOR having a buy-equivalent rating. It worsened, as 52 investors sold OI shares while 89 reduced holdings. 31 funds opened positions while 39 raised stakes.
  • Philip Morris International (NYSE:PM) Receives Media Sentiment Score of

    About 366,018 shares traded or 183.54% up from the average. (NYSE:PM) has risen 16.65% since August 10, 2016 and is uptrending. PM has been the topic of several analyst reports. (NYSE:PM) earned "Neutral" rating by Goldman Sachs on Wednesday, April 20.
    Twenty-First Century Fox, Inc. (FOXA) Holdings Increased by Investec Asset Management Ltd

    Twenty-First Century Fox, Inc. (FOXA) Holdings Increased by Investec Asset Management Ltd

    With 4.59 million avg volume, 1 days are for Broadcom Limited Ord (NASDAQ:AVGO)'s short sellers to cover AVGO's short positions. Bankshares Of America Corporation De owns 0% invested in Delaware Investments Dividend And Income (NYSE:DDF) for 52,247 shares.
    Inc. Continues to Hold Stake in Wells Fargo & Company (NYSE:WFC)

    Inc. Continues to Hold Stake in Wells Fargo & Company (NYSE:WFC)

    Wells Fargo & Company is a bank holding company. 592,594 were reported by Commonwealth Bankshares Of Australia. On July 21 the stock rating was downgraded from "Hold" to "Sell" in an announcement from Berenberg.
  • Southwestern Energy Company (NYSE:SWN): Are Traders Shorting This Stock?

    Southwestern Energy Company (NYSE:SWN): Are Traders Shorting This Stock?

    Southwestern Energy Company is an energy company engaged in natural gas and oil exploration, development and production. Advantus Capital Management Inc increased its position in shares of Southwestern Energy by 1.8% in the first quarter.
    Man City without injured duo for Brighton trip

    Man City without injured duo for Brighton trip

    Tottenham is a -150 favorite to win the game outright, with Newcastle paying +400 on a win and +290 on a draw. The Spanish manager believes the signings were needed to freshen up an ageing squad ahead of the new season.
    US Warship Sails Near Man-Made Chinese Island in South China Sea

    US Warship Sails Near Man-Made Chinese Island in South China Sea

    Geng reiterated that the U.S. provocation would force China to take further measures to strengthen homeland defense capacity. Geng reiterated the Chinese government's willingness to safeguard national sovereignty and its maritime rights and interests.

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.