Markets Right Now: Stocks drift lower on Wall Street
Markets Right Now: Stocks drift lower on Wall Street
By Saqib Iqbal Ahmed
13 August, 2017, 01:12
By the close of trading, the FTSE 100 was down 84.46 points, or 1.1%, to 7,305.48, having dropped 1.4% on Thursday.
Gold prices dipped lower in US trading on Tuesday following the latest US job-openings data which increased confidence in the labour market and also triggered sharp dollar gains as EUR/USD declined to 10-day lows below 1.1720.
Brian Jacobsen, chief portfolio strategist at Wells Fargo Funds Management, said: "While the tough talk about the potential for war (between the USA and North Korea) is scary, investors have heard it many times before".
An attack with "enveloping fire" against U.S. military interests on the Pacific island could be conducted at any moment once approval has been given by leader Kim Jong-un, a North Korean army spokesman said on Wednesday, according to state media.
"He's been pushing the world around for a long time", he said, in reference to the North Korean leader, Kim Jong Un.
Computer hardware stocks rebounded following recent weakness, with the NYSE Arca Computer Hardware Index climbing by 1.4 percent.
Australian shares were down 1.3 per cent, set for a weekly loss of 0.6 percent and Chinese and Hong Kong bluechips lost 1.6 per cent and 1.9 per cent, respectively.
Benchmark U.S. Treasury yields spiked higher following the jobs data but pared gains after Trump's remarks on North Korea.
But the yen added to an already-strong weekly rally of close to 1.5 percent, hitting its highest in nearly four months versus the dollar at 108.73 yen.
Technology companies, which suffered the brunt of the selling a day earlier, were back in the lead Friday.
After touching a more than two-month high at US$1,291.86, spot gold last added 0.2 per cent to US$1,288.81 an ounce.
The Japanese yen hit an eight-week high against the US dollar, while spot gold also reached a two-month high.
Graphics chip maker Nvidia (NVDA) is also likely to come under pressure after reporting better than expected second quarter earnings but revenue from its data center and automotive businesses that missed estimates.
However, shares of Dean Foods tumbled, trading 20.1 per cent weaker at US$11.96 as of 2.24pm in NY, after the U.S. dairy processor posted quarterly results that fell short of expectations and downgraded its full-year forecast amid "a challenging and rapidly evolving retail environment".
US crude was unchanged at $48.59 per barrel and Brent was last at $51.84, down 1.63 percent on the day.
US crude CLcv1 fell 0.55 percent to $49.12 per barrel and Brent LCOcv1 was last at $52.03, down 0.65 percent on the day.
It looks handsome , you know I'm watching...it's such a big story in the news. "I was so shocked I was actually crying". The President assured Calvo, "We are with you a thousand percent", Trump said on the call.
NFL Game Pass also has global packages for anyone not in the US. "I'd get to stand on the sidelines", said Bell. Later, the Kansas City special teams set Mahomes up perfectly for his first unofficial touchdown as a pro.
The film, which features Bhumi Pednekar in the lead role alongside Akshay, worked well in the Uttar Pradesh and Bihar regions. It also has the advantage of the public holiday (Independence Day) on Tuesday, which will surely boost the film.
The statement said: "Philippe has tried very hard to find an amicable solution to this situation but to no avail". Liverpool boss Jurgen Klopp has gone on record a number of times emphasising the player is not for sale.
"For me he is one of the most important businessmen in this country, I am sure he has many reasons to say that". Till then, they will play all their designated home matches at Wembley Stadium this season.
President Donald Trump is warning of military action, saying the U.S.is "locked and loaded, should North Korea act unwisely". Department of Homeland Security website www.ready.gov, a Guam Homeland Security spokeswoman told the Pacific Daily News .
Experts say the insecticide can damage people's kidneys, liver and thyroid glands if eaten in large quantities. The Food Standards Agency (FSA) in Britain said it was very unlikely that there was a risk to public health.
It was the first time Bolt had been beaten at a major championships since the 4x100m relay at the 2007 worlds in Osaka. The IAAF World Championships are the coronation of Bolt's career, he planned to retire after the competition.
Trump and North Korea have been exchanging escalating threats, with the North saying it was examining plans for attacking Guam. Mattis said in a statement that the United States and its allies would win any arms race or conflict with North Korea.
The survey was conducted between August 1 and 6 and has a margin of error of plus or minus three percentage points. And by almost 2-to-1, most say it's good that the Senate rejected the GOP repeal-and-replace bill last month.
The city announced earlier this week that the rally must be moved out of Emancipation Park to a larger one, citing safety reasons. Attorneys for the ACLU Foundation of Virginia and The Rutherford Institute filed the injunction on behalf of Kessler.
Trump escalates North Korea tension
The S&P 500 index was down 18.45 points to 2,455.57 and the Nasdaq composite index was down 68.32 points to 6,284.01. After moving lower early in the session, stocks remain mostly negative in mid-day trading on Wednesday.
Elon Musk's OpenAI Beats The Best Players At Dota 2
Players control one of dozens of different characters with varying abilities, and compete to collect items and control territory. But after his defeat, Dendi said the bot " feels a little like [a] human, but a little like something else ", too.
Eagles Hoping Darby Will Help Solve Cornerback Issues
They thought about it, and even brought in Watkins in for a workout, but they went with offensive tackle Greg Robinson . Watkins' future in Buffalo was already in question after the Bills in May declined to pick up his fifth-year option.
IAS officer found dead in Ghaziabad
While the police did not reveal details about the alleged suicide note, Senior Superintendent of Police (Ghaziabad) H.N. The police identified him as district magistrate of Bihar's Buxar from the identity-cards recovered from his possession.
Nemanja Matic confident ahead of West Ham United clash
If Nathaniel Chalobah or Ruben Loftus-Cheek were still there they could get rid of Matic and play a younger kid. He was good in some games, inexperienced in others. "I think we played everything so we don't lose this game".
Say hello to the all-new, redesigned Acura RLX
AcuraWatch, the company's suite of active safety tech, was standard on the old RLX and that's carried over to the 2018 model too. It keeps you in your lane and at a safe distance from the auto in front of you theoretically making traffic jams less stressful.
Toronto Blue Jays blank struggling New York Yankees
He allowed five hits and three walks, while striking out six against the Yankees and has posted a 1.71 ERA in his last 21 innings. The sensational story of Judge has been a highlight of this season, but catching him in batting practice continues to be a treat.