SpaceX's Falcon Heavy rocket soars in debut test launch from Florida
Moon rejects Abe's request to resume US-S. Korea military drills
Tesla Witnesses Its Biggest Ever Loss
Back on Earth, Tesla Has Real Business Problems to Deal With
Global gold prices hover near two-month high on North Korea tensions
11 Agosto 2017, 01:51 | Azura Castelo
Stocks veer higher into record territory; oil heads lower
Banks and retail chains were also among the big decliners.
"When you have a market like we have had this year, and it has been amazingly calm, and you introduce a major source of uncertainty, there is bound to be some reaction", said Brad McMillan, chief investment officer for Commonwealth Financial. Oil prices were headed higher. Lockheed Martin, Raytheon, General Dynamics and Northrop Grumman were all up, with the Dow Jones U.S. defense index up 1.48 percent at 409.58.
Copper lost 0.39 percent to $6,454.50 a tonne.
It also outlined detailed plans for a missile strike near Guam, which is more than 3,000 km (2,000 miles) to the southeast of North Korea and home to about 163,000 people, a U.S. Navy base that includes a submarine squadron and an air base.
Citing the sanctions' unanimous adoption, she said, "The United States, along with other nations, condemned North Korea for their destabilizing activities". The move added to escalating U.S. Moreover, an actual war with North Korea would have the biggest impact on the USA and China, the world's two largest and most interconnected (and interdependent) economies.
"It reinforces market concerns that inflation is perhaps just not picking up in the way the Fed had been expecting", said Osborne.
Scout24 (G24n.DE) also jumped 4.7 percent to a seven-month high after the German online classifieds company said it had won back customers in the second quarter. Markets will also be watching comments from Federal Reserve Bank of New York President and Federal Open Market Committee number-two William Dudley ahead of U.S. consumer price index (CPI) inflation data tomorrow.
The RBNZ had held rates at a record low of 1.75 percent on Thursday and reiterated that policy would stay loose for a considerable time to come.
Shiseido shares soared 13.77 percent to 4,420 yen after the makeup company upgraded its annual sales and profit forecasts, and announced robust earnings for the January-June period. On the Nasdaq, 1,846 issues fell and 953 advanced favoring decliners.
UNDERCOOKED: Blue Apron slumped 12.2 percent after the meal kit seller reported a sequential decline in customers in the second quarter due to a planned reduction in marketing. The stock lost $142.20, to $1,906.80.
BONDS: Bond prices rose.
The 10-year notes US10YT=RR last fell 3/32 in price to yield 2.2655 percent, from 2.257 percent late on Monday. The December futures contract closed a hair below $1,280.00 a troy ounce on the Comex division of the New York Mercantile Exchange before extending gains during Asian trade. Bent crude, the global benchmark, rose 19 cents to $52.33 a barrel.
Oil prices rose nearly half a percent in today's trading following a bigger-than-expected drop in United States crude inventories.
CURRENCIES: The dollar fell to 109.96 yen from 110.48 yen late Tuesday.
IPhone 8 Release Delayed According to New Report
Therefore, the company hasn't been providing too many details regarding its heavily-speculated iPhone 8 smartphone. Also, it's possible the lines of code have absolutely nothing to do with facial recognition technology.
Investors take a breath as US Stocks end winning streak
Considerable weakness is also visible among tobacco stocks, as reflected by the 1.1% drop by the NYSE Arca Tobacco Index. Utilities closed up 0.3 percent while the materials sector .SPLRCM was the S&P's biggest loser with a 0.9-percent drop.
Dow Tumbles as North Korea Tensions Simmer
TIME OUT: Fossil tumbled 23.7 percent after the watch maker said sales continued to weaken, falling short of analysts' estimates. The weakness reflected geopolitical concerns amid a continued increase in tensions between the US and North Korea .
North Korea threats; China aluminum; Disney ditches Netflix
ENERGY: Benchmark U.S. crude added 28 cents to $49.45 per barrel in electronic trading on the New York Mercantile Exchange. Forecasts were for a rise by 1.2%, while costs during the first quarter were revised upwards to 5.4% from 2.2%.
Chelsea boss Antonio Conte
The bounce was gone from his hair, the sparkle gone from his eyes. Without that energy, though, is he the same manager? One word I would describe him as is "intense".
JJ Watt happy to be back, playing in game
After a crushing Super Bowl 50 loss at the hands of the Denver Broncos, the Panthers somehow regressed to a 6-10 team. The Panthers are more banged-up than the Texans early in the preseason, which is a larger concern.