S&P 500 Falls 1.4 Percent in Safety Flight on N. Korea Tensions

Tech companies lead broad slide in US stocks; oil rises

Tech companies lead broad slide in US stocks; oil rises

"Although it is considered highly unlikely that this tension will escalate into a nuclear war, the market still needs to see how President Trump will eventually deal with his advocating "fire and fury" against North Korea's threat", said Margaret Yang Yan, market analyst at CMC Markets Singapore.

The 30-year bond was last up 4/32 in price to yield 2.7871 percent, from 2.794 percent late on Thursday.

The Standard & Poor's 500 index fell 19 points, or 0.8 percent, to 2,454 as of 11:15 a.m.

The broad-based S&P 500 was hit even harder, dropping 1.5 percent to close at 2,438.22, while the tech-rich Nasdaq Composite Index lost 2.2 percent 6,216.87. The Nasdaq lost 135 points, or 2.1 percent, to 6,216. The Russell 2000 index of smaller-company stocks picked up 1.69 points, or 0.1 percent, to 1,374.23.

Gold enjoyed an impressive single-day jump - its biggest in almost three months - as the rising tensions between the US and North Korea lifted safe-haven demand.

Paulinho Set To Join FC Barcelona On €40 Million Transfer
Speaking to Mundo Deportivo last month, Paulinho expressed his excitement at the then proposed move to Barcelona . I have a feeling that Paulinho will not be playing tomorrow night [against Madrid].

Politics lifted USA defense stocks. These military members are suing anonymously, but stem from three different branches of the US armed forces.

Asian and European stocks continued the sharp decline Friday.

Benchmark U.S. crude fell 97 cents, or 2 percent, to $48.59 a barrel on the New York Mercantile Exchange. In a note to investors, Paul Christopher, head global market strategist, and Tracie McMillion, head of global asset allocation, suggest, "the threat of a nuclear weapon is certainly more serious than previous threats, but that threat also may increase the probability of a diplomatic solution".

RETAIL SLUMP: Disappointing quarterly results from big department store chains put investors in a selling mood.

Macy's shares closed down 10.2 percent and Kohl's fell nearly 6 percent as the companies continued to report a drop in quarterly same-store sales, stoking concerns that their turnarounds may still be a long way off. The stock shed $1.37 to $4.74. Its shares tumbled $10.14 to $63.20.

Gabriel Chundan lifts 65th Nehru Trophy
The air is thick with anticipation, as over a lakh spectators watch on eagerly from the pavilions on the banks. For women participants, the contest was opened up in the Thara and Kettuvalom categories.

MOUSE HOUSE: Disney dropped 5.1 percent a day after the media giant reported a weak quarter and said it would pull its movies from Netflix and start two of its own video streaming services.

Options traders gear up for Snap's second earnings report as a public company. Brent crude, used to price worldwide oils, rose 20 cents to $52.10 a barrel in London. The yield on the 10-year Treasury note slipped to 2.22 percent from 2.25 percent late Wednesday. It added 39 cents to $49.56 a barrel on Wednesday. Brent crude, used to price worldwide oils, gained 29 cents to $52.43 in London.

CURRENCIES: The dollar fell to 109.97 yen from 110.48 yen late Tuesday. The euro rose to $1.1774 from $1.1752.

MARKETS OVERSEAS: In Europe, Germany's DAX was down 1.1 percent, while France's CAC 40 fell 1.4 percent. The consumer discretionary index plunged 0.47%. Britain's FTSE 100 sank 1.4 percent.

Giroud wins thriller for Arsenal
Jamie Vardy put the visitors ahead from Marc Albrighton's cross on the half-hour mark, only for Danny Welbeck to strike level on half-time.

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