S. Korean shares extend losses on heightened tensions over N
14 August, 2017, 01:44 | Author: Samuel Sharp
Investors' unease over escalating tensions between the US and North Korea had weighed on stocks earlier in the day, pushing gold and bond prices slightly higher.
Eight of the 11 major S&P sectors were lower, with the consumer discretionary index's 0.59 per cent fall leading the decliners.
Analysts pointed to the harsh threats and sabre rattling from US President Donald Trump, including a message Wednesday on Twitter boasting the United States' nuclear arsenal was now "more powerful than ever before".
The S&P/TSX composite index was down 39.02 points to 15,217.33, with most sectors finishing in the red while bullion stocks surged almost 1.9 per cent. Its rouble-based peer MICEX shed 1.2 percent to 1,937 points, its lowest since August 1. The Dow closed up 0.07% and the Nasdaq was up 0.64%. South Korea's KOSPI fell 1.8 percent to almost a three-month low.
Almost $1 trillion has been wiped out from global equity markets since tensions were sparked off by Trump's "fire and fury" comments on Tuesday.
"If the USA and South Korea carry out strikes and try to overthrow the North Korean regime and change the political pattern of the Korean Peninsula, China will prevent them from doing so", the editorial's authors said. The Dow Jones industrial average lost 0.15 percent, with the tech-heavy Nasdaq composite index declining 0.21 percent.
The CBOE Volatility Index .VIX , a barometer of expected near-term stock market volatility, closed at its highest since the US presidential election on Thursday, but was down 1.22 points at 14.82 points on Friday.
LACKLUSTER QUARTER: Office Depot sank 24.5 percent after the office supply company's second-quarter results fell short of Wall Street's projections.
Trump was responding to North Korea's claim it was completing plans to fire four intermediate-range missiles over Japan to land near the U.S. Pacific territory of Guam.
Travel website operator Priceline fell 7.26 per cent, weighing the most on the S&P and the Nasdaq, following a disappointing forecast. Brent crude, used to price global oils, slid 52 cents, or 1 percent, to $52.18. Silver gained 47 cents, or 2.9 percent, to $16.86 an ounce.
Benchmark U.S. crude fell 83 cents, or 1.7 percent, to $48.73 a barrel on the New York Mercantile Exchange. The euro rose to $1.1753 from $1.1752. Brent crude, used to price worldwide oils, gave up 29 cents to $51.85 in London. The September copper contract was down two cents to US$2.91 a pound.
In other energy futures trading, wholesale gasoline was little changed at $1.62 a gallon, heating oil rose 2 cents to $1.65 a gallon and natural gas rose 6 cents to $2.88 per 1,000 cubic feet.
In oil, Brent crude was dragged 0.5% lower at 52.46 USA dollars a barrel despite Opec forecasting increased demand for oil next year.
The extent of the star's injuries are unknown, as his representatives could not immediately be reached by the Daily News. Cruise was ultimately able to return to the line and make his way back to the original building.
Sharif is now holding rallies across Punjab, where the city of Lahore - the Sharif family's home town - is the provincial capital. This, thus had made it impossible for his motorcade to move. "I am going home and I do not want you to get me restored".
Shortly after the drowning, IOM staff found shallow graves of 29 migrants on a beach in Shabwa, the United Nations agency said . This year 55,000 African migrants reached Arabian Peninsula through this unsafe route, IOM said.
At the beginning, showers and thunderstorms looks to stay fairly scattered and then becoming more wide spread by Tuesday . Temperatures appear to be sticking in the upper 70s and lower 80s throughout much of the week as well.
During his campaign he threatened to tear up the 2015 nuclear deal with Iran, which he has called "the worst deal ever". Tehran says its missile program does not breach a United Nations resolution which endorsed the nuclear deal.
The incident marked the second time in less than a year that a auto broke through the barriers of the same parking garage. A lucky SUV driver in Texas narrowly escaped being crushed by a BMW that plummeted seven stories off a parking garage.
The Citizens then padded their lead when Brighton's Lewis Dunk scored an own-goal just five minutes later. Obviously, he knows that he has made a mistake and has apologised but that changes nothing now.
The alert did not state who owned the plane, but said it "will be large and may fly directly over the U.S. The flight was carried out in the framework of the open skies Treaty between the two countries .
Paramedics arrived on scene shortly afterwards and were able to save the officer's life despite the serious nature of his wounds. The story began on New Year's Day in 2016 when Smith was dispatched to an attempted robbery at a convenience store.
Louis and Austin have battled with the Confederate landmarks issue, it is Charlottesville where the mobilizes are happening. The event's organizer, Jason Kessler , has accused Airbnb of attacking his "free speech and civil rights" via Twitter .
A giant inflatable chicken with perfectly coiffed, blond hair was set up right outside of the White House on Wednesday. The inflatable chicken seems to be modeled after a 23-foot statue outside a mall in the Chinese city of Taiyuan.
Wall St rebounds on Fed bets but set for weekly loss
It is now on track for its biggest weekly drop since the week before the November 8 USA presidential election. Crude futures extended losses on fears of slowing demand and lingering concerns over a global oversupply.
Incredible scenes as Wayne Rooney scores on return to Everton
The visitors created the better of the first-half openings before Rooney's goal swung the momentum firmly into Everton's favour. Koeman has already concluded Wayne Rooney's days as a striker are over and he sees the returning Evertonian in a deeper role.
Decisions ahead for Force rugby players
At a press conference in Sydney tonight, Pulver confirmed he will leave his role as soon as a replacement can be found. Former Force players and fans have been out in force on social media, slamming the ARU's decision to cut the Force.
Man who shot officer in Brooklyn kills himself
The call was from a woman who said her 29-year-old mentally deranged son was in their residence in Brooklyn with her. Police say a New York City officer was shot and wounded in Brooklyn by a gunman who later committed suicide.
Microsoft Surface devices fail on reliability
My own personal preference stands with purchasing Surface product only if you need the extra battery life and portability factor. In total, the company surveyed 90,000 tablet and laptop owners, but it's unclear how many of them were Surface holders.