Stocks open lower; Disney and Netflix fall

Escalating US-North Korea tensions hit markets

Escalating US-North Korea tensions hit markets

Trump continued the back-and-forth with a post on Twitter this morning indicating that the U.S.is prepared to take military action against North Korea.

US stocks closed slightly lower Wednesday, making up much of the ground they lost earlier following a rare batch of earnings disappointments by Walt Disney and other big companies.

US stocks moved lower in morning trading Wednesday as traders weighed the growing tensions between the USA and North Korea.

Wall Street's downbeat start followed a slide in major stock indexes in Europe and Asia.

On the USA economic front, a report released by the Labor Department showed a modest uptick in consumer prices in the U.S.in the month of July.

Iran MPs boost missile funds in response to U.S. sanctions
Tehran says the measures violate a 2015 deal with world powers that eased sanctions in exchange for curbs on its nuclear programme.

The Standard & Poor's 500 index lost 35.81 points, or 1.4 percent, to 2,438.21.

The S&P/TSX composite index fell 143.08 points to 15,074.25, with almost all of its sectors moving lower.

The Russell 2000 index of smaller companies gave up 24.40 points, or 1.7 percent, to 1,372.54.

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.

Tensions spiked yet further when North Korean state media later said Pyongyang was considering strikes near U.S. military installations in Guam. "I have a feeling that by the end of the week, we'll feel this was just another blip on the radar". The stock lost $5.07 to $101.91. The stock fell $1.01 to $22.02. Rival TripAdvisor also slumped after its latest quarterly report showed that online and transaction revenue growth fell sharply. Watch maker Fossil Group plunged 25 percent after reporting a weak quarter. The stock lost $2.80 to $9.04. Germany's DAX fared better, trading only 0.2 percent lower at 11,989. That's the index's lowest level in two months.

North Korea talk drags stocks lower; gold, yen rise
USA crude was unchanged at $48.59 per barrel and Brent was last at $51.84, down 1.63 percent on the day. Geopolitical risks can boost demand for assets considered safe-haven investments, such as gold.

The Dow industrials rose 42 points, or 0.2%, to 21885 on Friday.

BONDS: Bond prices rose.

Silver gained 47 cents, or 2.9 percent, to $16.86 an ounce. The precious metal is often seen as a safe haven for investors during times of uncertainty. Dillard's slumped 15.5 percent after the chain booked a loss for the second quarter as increased inventory led to big discounts.

Benchmark U.S. crude added 39 cents to settle at $49.56 a barrel on the New York Mercantile Exchange. Brent crude, used to price global oils, added 21 cents to $52.91.

The dollar fell to 109.85 yen from 110.48 yen late Tuesday. The euro fell to $1.1735 from $1.1752.

'Game of Thrones' and Its Ferocious Battle Scene from the Fourth Episode
Conversely, threatening the Lannister Army is probably an efficient way to destabilize Cersei, which is surely what Dany wants. Game of Thrones tends to make your pulse quicken - but now we know exactly which moments in the show are the most thrilling.

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