Korean shares open lower amid escalating tensions over N. Korea

US STOCKS-Wall Street falls as investors flee risk on N. Korea concerns

US STOCKS-Wall Street falls as investors flee risk on N. Korea concerns

Technology companies were leading a broad slide in USA stocks in early trading Thursday as investors pored over the latest batch of corporate earnings reports. Major indexes in Asia closed lower.

The Standard & Poor's 500 index slipped 0.90 points, or 0.04 percent, to 2,474.02. Eastern time. The Dow Jones industrial average slid 84 points, or 0.4 percent, to 22,000. The FTSE 250 dropped 0.4 per cent to 19,875.03. The major indexes were coming off their biggest single-day decline since May 17.

Donald Trump struck a defiant stance against North Korea on Tuesday afternoon, warning of severe retribution should the authoritarian state proceed with any more missile tests or threats. Both the core and headline rates are expected to have risen by 0.2 percent during July.

United Kingdom stocks headed sharply lower again on Friday, as the escalating tensions between the US and North Korea rattled investors and helped drive a global selloff.

North Korea claimed "only absolute force" can work on someone as "bereft of reason" as Trump and detailed plans to fire a salvo of missiles into waters around the US Pacific territory of Guam.

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Nervous investors drove shares lower earlier in the week, after President Trump declared Tuesday that the US would react with "fire and fury" to further nuclear provocations from North Korea.

There were fewer signs of anxiousness in the markets Friday.

Wall Street's so-called "fear gauge", the CBOE Volatility Index, meanwhile, hit the highest levels since Election Day on Friday (http://www.marketwatch.com/story/wall-streets-fear-gauge-on-course-for-biggest-weekly-surge-in-2-years-2017-08-11), after a spike on Thursday. It's still the highest it's been since May.

The data comes amid tepid inflation that has remained below the Federal Reserve's 2 percent target, despite low unemployment. The stock has more than doubled over the past 12 months, gaining more than 160%. "You're less than 2 per cent off the high for the S&P heading into a weekend where uncertainty with North Korea still lingers". Universal Health Services picked up $2.26, or 2.1 percent, to $107.63. Macy's was down 4.4 percent after the company said its sales continued to decline in the second quarter. Banks and department store shares also were among the big decliners. Only 3 of the 30 stocks in the Dow finished the day with a gain: IBM, Coca-Cola and McDonald's. Brighthouse Financial shed $1.03, or 1.8 percent, to $57.47. Netflix lost 1.5 per cent.

ENERGY: Benchmark U.S. crude gained 39 cents to $49.95 a barrel in electronic trading on the New York Mercantile Exchange. Brent crude, used to price global oils, added 59 cents to $53.29. The euro strengthened to $1.1756 from $1.1752.

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BONDS: Bond prices were little changed.

In the eurozone, the Paris CAC 40 lost 0.3 percent compared with the closing level on Wednesday.

Interim results from FTSE 100 listed drinks bottler Coca Cola Hellenic lifted its shares as they came in comfortably ahead of market expectations.

USA markets slid on Thursday as tensions between the U.S. and North Korea remain on the boil.

Wall Street tumbles on North Korea worries
The major index futures are now pointing to a modestly higher open for the markets, with the Dow futures up by 21 points. The market indexes wavered between small gains and losses for much of the morning, then veered lower by afternoon.

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