Dow streak of records ends amid US-North Korea tensions
Dow streak of records ends amid US-North Korea tensions
The Dow was heading for a tenth straight record close on Tuesday after better-than-expected US jobs dataMore
10 August, 2017, 00:09
U.S. stocks closed lower on Tuesday after a late afternoon selling spree as investors fled for safety after U.S. President Donald Trump vowed to respond aggressively to any threats from North Korea.
The wider S&P 500 index slipped 2.8 points to 2,478.1, while the Nasdaq dropped 18.75 points to 6,365.02. The broader S&P 500 Index declined 5.99 points, or 0.2%, to close at 2,474.92.
The back-and-forth came on the heels of reports the USA intelligence community has determined North Korea has successfully produced a miniaturized nuclear warhead that can fit inside its missiles.
"As a result all major U.S. markets closed lower for the first time in over two weeks, and this weakness unsurprisingly has spilled over into Asia markets as well, as geopolitical tensions prompt some nervousness, particularly since North Korea's state media suggested that they examining the prospect of a missile strike near the USA base in Guam".
Top military brass and President Trump are being sued by five USA military members that want to keep Trump's transgender ban from becoming a reality - "in any capacity".
WALL STREET: Losses in health care and consumer-focused companies pulled US stocks lower, snapping a 10-day winning streak for the Dow Jones industrial average.
After scaling back from record highs earlier in the session, Wall Street's three major indexes dipped after Trump said North Korea "will be met with fire and fury" like the world has never seen if it threatens the United States. Sony Corp. shares in Tokyo dropped 1.6 percent. Energy stocks fell along with crude prices as investors kept an eye on the latest company earnings and geopolitical news.
"Trump's comments about North Korea have created nervousness and the fear is if the president really means what he said "fire and fury".
Japan's Nikkei 225 was down 1.25% and South Korea's Kospi declined 0.68%. The Dow slid 0.2 percent to 22,085.34.
The benchmark 10-year yield jumped to trade at 2.28% after the jobs openings and labour turnover survey showed a record number of job openings for June. Brent crude, the worldwide standard, lost 28 cents to $52.09 a barrel in London.
Politics lifted US defense stocks.
Eight of the 11 major S&P sectors were lower, with the consumer discretionary index's 0.59 percent fall leading the decliners. The euro fell to $1.1760 from $1.1793.
MARKETS ABROAD: In Europe, Germany's DAX rose 0.3%, and France's CAC 40 gained 0.2%.
The yield on the 10-year US Treasury note rose to 2.282% from 2.258% on Monday. Hong Kong's Hang Seng added 0.6%.
Ubisoft says that your free weekend progress will carry over to the full game if you do decide to purchase a copy of the game. From August 10-13 PlayStation Plus members will be able to download and play For Honor for free on PS4.
To put that into perspective, The Dukes of Hazzard movie opened on the same weekend back in 2005 with a $30 million haul. The films total gross in the USA now sits at $133 million with $200 million fast approaching.
House of Representatives) Waters said she's always been outspoken, but with Trump's election, she's finally being heard. Maxine Waters (D-CA) appeared on " The View " on Friday and applauded the leaks that are coming out of the White House.
Till now, you could send video links to friends only through apps such as WhatsApp , Twitter, Facebook or Gmail among others . That has obvious advantages for YouTube: If it works, messaging could get people to spend a lot more time with the service.
Culex species mosquitoes which are carriers of West Nile virus bite primarily from dusk through dawn. They are the 10th, 11th and 12th positive West Nile Virus mosquito samples in Lewisville this year.
The amount the hackers are asking for is 6 months worth of salary in bitcoin, which they have implied is worth around $6 million. On July 31, the group claimed to possess a total of 1.5 terabytes , or 1,500 GB, of data from the TV network.
The video is also on track to soon become the first video of all time to surpass 3 billion views on YouTube. The debate will continue about YouTube's value to musicians and to the music industry of course.
This year, the publication found UT Medical Center to be the second-best hospital in the entire state of Tennessee. It has four high performing procedures/conditions: heart failure , colon cancer, COPD, and lung cancer surgery .
Upon exiting the coaching world, Robinson spent two seasons as Vice President of Player Development for the Milwaukee Bucks . According to Charania, Robinson's job will be multi-faceted, taking on various different responsibilities in NY .
Wang made these remarks after he and ASEAN foreign ministers on Sunday adopted the framework of a COC in the South China Sea. Port calls by designated vessels and chartering of North Korea- flagged vessels are prohibited.
Kenyans Stockpile Food Ahead Of Vote
The blast revoked fears of the 2007 post election violence that left more than 1,100 people dead and 600,000 displaced. The men belong to two of Kenya's main ethnic groups, Kenyatta from the Kikuyu, the largest, and Odinga from the Luo.
Teen 'eaten' by mysterious sea creatures at beach
He added that the creatures cause injuries similar to a graze and the teenager should not be afraid of going back in the sea. Amphipods feed largely on dead marine animals such as fish and crabs, and are themselves prey for larger marine animals.
Partial Lunar Eclipse Will Shadow the Moon on Monday
Total eclipses are special because they allow us to see the outermost layers of the sun , called the chromosphere and the corona. The total phase would end at 01:02 PST (on August, 21st) whereas the Penumbral Eclipse would end on 02:04PST (on August 21st).