S. Korean shares extend losses on heightened tensions over N. Korea
14 August, 2017, 01:41
Investors will get an update on consumer price inflation, watched for its influence on the Federal Reserve's interest-rate thinking, while shares of Snap Inc. and Nvidia Corp. may draw attention after their earnings releases late Thursday.
USA markets ended lower on Wednesday amid rising tensions between USA and North Korea. Oil prices veered lower as early gains faded.
S&P 500 e-minis were up 1.5 points, or 0.06 percent, with 300,073 contracts traded.
Dow e-minis were up 6 points, or 0.03 percent, with 29,187 contracts changing hands at 8:34 a.m. ET (1234 GMT). Brent crude futures lost 0.8 percent to $51.5 per barrel on persistent oversupply worries despite a bigger-than-expected drawdown in USA crude inventories.
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.
In his latest warning to North Korea, U.S. President Donald Trump said on Friday military solutions were "fully in place" and referred to American weapons as being "locked and loaded" should the nuclear-armed nation act "unwisely". Japan and South Korea vowed a strong reaction if the North were to go through with the plan.
ANALYST'S TAKE: The U.S.jobs figure "was through the roof" and the NFIB survey "painted a much better picture for the U.S. economy than most believed", said Stephen Innes of OANDA in a report. Investors' uncertainty, measured by the VIX volatility index, is still at higher levels not seen since the election, but stock markets are back to positive returns. Humana rose $4.74, or 1.9 percent, to $254.96. Discovery Communications fell 94 cents, or 3.9 percent, to $23.36.
Premier League 2017-18 Team Preview: Liverpool
I hope of course that we will win the game, that's the most important thing in the first game". "We forgot to close the game". Boss Jurgen Klopp will be disappointed with Liverpool's result from their Premier League opening match against Watford .
FINANCIALS FALLING: Several financial sector companies also helped pull down the market. South Korea's KOSPI fell 1.8 percent to almost a three-month low.
The Labor Department also said unit labor costs rose by 0.6% in the second quarter following an upwardly revised 5.4% spike in the first quarter. The stock lost $2.97 to $8.87. Kohl's also declined, sliding $2.66, or 6.3 percent, to $39.28. As a result, the yield on the benchmark ten-year note, which moves opposite of its price, dipped by 2.3 basis points to 2.189 percent.
Oil managed to end higher today, after the Energy Information Administration reported a bigger-than-expected decrease in domestic crude inventories last week. Brent crude, used to price worldwide oils, slid 52 cents, or 1 percent, to $52.18.
The December gold contract was ahead US$16.70 to US$1,279.30 an ounce.
CURRENCY: The dollar declined to 109.79 yen from Tuesday's 110.34 yen.
The pound was down 0.1% against the euro at 1.10.
MARKETS OVERSEAS: Major indexes in Europe slumped. The Standard & Poor's 500 index fell 0.2 percent, to 2,474.92. While the UK's FTSE 100 Index has slumped by 1.5%, the German DAX Index is down by 1.1% and the French CAC 40 Index is down by 0.8%. Tokyo's Nikkei 225 tumbled 1.3 percent, while Seoul's Kospi fell 1.1 percent.
Nationals: After a day off, Washington hosts the Los Angeles Angels on Tuesday in the start of a two-game series. Harper's left foot slid on the first base bag, sending the right fielder sprawling and clutching his knee.
Eclipse viewing glasses also will be provided on a first-come, first-served basis on the library plaza, the news release said. Any filter less opaque than that may cause severe eye damage that would not become evident until hours later, Chou warned .
Scaramucci blasted Bannon in an oft-quoted New Yorker interview that featured the man known as "the Mooch" uttering blue language. It's his decision, but at the end of the day, the president has a very good idea of who the leakers are inside the White House.
It's his decision, but at the end of the day, the president has a very good idea of who the leakers are inside the White House. But you've also got this sort of Bannon-bart influence in there, which I think is a snag on the president.
A drunken American who gave the stiff-armed Nazi salute several times in Dresden was injured when he was punched by a passer-by. The police have launched a procedure for the use of "symbols of unconstitutional organizations" by the tourist.
North Korean officials in turn have accused the USA leader of driving the Korean peninsula to the brink of nuclear war. In an interview with Fox News Sunday he added: "They're moving towards that [goal] at an ever-alarming rate".
Having the tall and physical stature of Giroud to win aerial duels and set Lacazette free could be the decider in this match. Much of Leicester's surprise title win two seasons ago was down to the form of N'Golo Kante, Riyad Mahrez and Jamie Vardy .
Guardiola said: "It is not just us". "We needed to do that this summer because we have one of the oldest teams in Europe". The only sour note for City was a tweet from Mendy, saying: "Bullet header" in reference to Lewis Dunk's own goal .
President Donald Trump warned North Korea earlier this week it would face " fire and fury " if it threatened the United States . Trump's second warning, however, has shaken markets that have been largely resilient this year, swatting away a slew of risks.
Matsuyama knocks on the major door
Stuck behind a tree off the tee, he tried to hook the ball around it, sent it into the bushes and had to take a penalty stroke. Neither had threatened the top of the leaderboard in the opening rounds but day three was where their challenges ended.
Weather forecast: Storms to shift inland Sunday
The coverage of storms will increase again by Monday afternoon, and this looks to be the trend through most of the week. Saturday will be cloudy with a few showers to start, but some partial sunshine is expected to develop.
Tom Cruise injured on the set of "Mission Impossible 6"
However the fearless jump is misjudged as the 55-year-old slams into a building and is momentarily left hanging in the air. It also stars Henry Cavill, Rebecca Ferguson, Angela Bassett and Alec Baldwin and is set to hit theatres in July 2018.
North Korea has markets nervous but not panicked
Despite today's jump, gold still sits well below its 52-week high of over $1,350 per ounce, which it reached last summer. The market also awaited U.S. consumer inflation data on Friday that would offer more clues about the pace of the U.S.
Charlottesville driver arrested by police
The group also reported vandalism to "Hate Has No Home Here" signs that were put up in yards throughout the neighborhood. The driver has been identified as James Alex Fields, 20, of OH , according to CNN .
North Korea knows U.S. 'fire, fury' very well
The case of American student Otto Warmbier, who died following his release from North Korea, was included in those talks. Earlier this week, Trump said if North Korea made any more threats to the USA , it will be met with " fire and fury ".
Pastor freed from North Korean prison arrives back in Canada
OTTAWA-A pastor in ontario, who was serving a sentence of life in prison in North Korea finally returned to the country Saturday. Lim's release was intended as a goodwill message, to try to portray itself as a country capable of reasonable negotiation.