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Global markets jarred by North Korea fears
13 August 2017, 03:54 | Austin Hogan
Global markets jarred by North Korea fears
The Swiss franc CHF= and the yen notched big gains against the dollar on Wednesday after U.S. President Donald Trump warned North Korea that it would face "fire and fury" if it threatened the United States. The Dow rose slightly on Friday after shedding 205 points the day before, its worst slide in almost three months.
The Nasdaq gave up 13.31 (-0.21 percent) to close at 6,370.46, while the S&P 500 finished at 2,474.92, down 5.99 (-0.24 percent) from its open. Sydney's S&P-ASX 200 gained 0.5 percent to 5,773.70 while Manila, Malaysia and Jakarta also rose.
Trump warned North Korea again on Thursday not to strike Guam or US allies, saying his earlier threat to unleash "fire and fury" on Pyongyang if it launched an attack may not have been tough enough.
Watch maker FossilGroup plunged 25 percent after reporting a weak quarter.
Health care equipment and services company Henry Schein declined amid a broader slide by health care stocks.
Gold prices have been volatile in the past few weeks. CNNMoney's Fear & Greed Index, which looks at the VIX and six other gauges of market sentiment, tipped toward Fear.
In Europe, the pan-continental STOXX 600 index lost 0.8 per cent, with falls deepening after reports a vehicle had rammed a group of soldiers in Paris, injuring six.
Small-company stocks fell more than the rest of the market Wednesday.
First gliding mammals from Jurassic Period discovered
Gliding from tree to tree may allow more efficient and safe foraging and provide rapid escape from predators. Both fossils show the exquisitely fossilized, wing-like skin membranes between their front and back limbs.
Heavy rain continues throughout Saturday
The weekend won't bring much of a break, as more scattered rain chances will hold in the forecast through the next few days. After a round of late morning thunderstorms in Northeast Ohio, lingering storms are still possible through this evening.
Helicopter crashes near Charlottesville riot
A Virginia State Police helicopter crashed Saturday afternoon near Charlottesville . 'No one on the ground was injured. The helicopter was flying low near homes before it crashed in the woods, neighbors told a reporter with the newspaper.
Investors retreated from several of this year's top performers on Thursday, including shares of large US technology companies and biotechnology firms, while lifting shares of utilities companies - often thought of as bond proxies due to their relatively hefty dividends.
On Thursday, the CBOE Volatility Index, a barometer of expected near-term stock market volatility, closed at its highest since the USA presidential election.
The greenback also came under pressure after New York Federal Reserve President William Dudley cautioned it would "take some time" for U.S. inflation to reach the bank's two percent target. "I would expect the markets to react again pretty negatively to any more tough talk from either side, but for now, everybody seems to have settled down, and we'll see what happens".
In other energy futures trading, wholesale gasoline rose 1 cent to $1.61 a gallon, while heating oil was little changed at $1.63 a gallon.
OIL: Benchmark U.S. crude lost 36 cents to $48.23 per barrel on the on the New York Mercantile Exchange.
The FTSE 100 is underperforming the DAX and CAC 40 because of several companies that are in the British index are paying dividends. Brent crude, used to price worldwide oils, declined 29 cents to $51.61 per barrel in London.
The Dow fell more than 200 points, a almost 1% drop, and its biggest dip in three months. Natural gas was also flat at $2.98 per 1,000 cubic feet. The ShanghaiCompositeIndex lost 0.2 percent to 3,273.71 and Hong Kong's HangSeng was off 0.2 percent at 27,803.55.
"The dollar-yen's downside is expected above 108 yen for now". The euro edged down to $1.1726 from $1.1751. The Japanese markets were closed for a holiday.
Yankees put RHP Tanaka on DL with shoulder inflammation
Tanaka is in the fourth year of a seven-year $155 million contract that permits him to "opt-out" after this season. Tanaka is the second Yankees pitcher to go on the disabled list this week, after CC Sabathia was placed on Friday.
Sir Mo Farah emotional as track career nears the end
Always a fan favorite, Bolt maintained his Hollywood smile as he jogged around the track following the race, Jamaican flag in tow. In fact, Bolt is favored to run in both the morning heats and the final , according to Reuters and the Jamaica Gleaner newspaper.
30 children die in 48 hours in Gorakhpur hospital
Opposition parties were raising the issue as the government was shying away from its responsibilities, he said . Immediate action has been demanded by her against all those responsible for the very bad incident.
City's mega-spending is a one-off, insists Guardiola
We tried to make it a young squad and we did it earlier and we are lucky because it would be more expensive now in the last weeks. He has scored in his last six Premier League away games - the record in the division is Robin van Persie's total of nine in 2011.
Miami Marlins Sold To Derek Jeter Backed Group
Specifically, Jeter said he would like to be an owner like the late George Steinbrenner, whom Jeter played under for 16 seasons. Heyman reports that Mas could invest up to $300 million, giving him a significant share within the franchise.