toptestmotor.com
toptestmotor.com Junio 19, 2018


Wall Street lower as investors weigh rising North Korea tensions

11 Agosto 2017, 05:37 | Azura Castelo

Wall Street lower as investors weigh rising North Korea tensions

Wall Street lower as investors weigh rising North Korea tensions

London stocks stumbled lower as Thursday's session was dogged by continued geopolitical tensions over the US-North Korea situation, uninspiring United Kingdom economic data and a heavyweight bunch of stocks going ex-dividend.

The pan-European FTSEurofirst 300 index lost 1.19%.

Missile makers Raytheon and Lockheed Martin have outperformed Wall Street by nearly 4 percent in recent days and the Dow Jones U.S. defence index is at a record high and on a seven-day unbroken run of gains.

Significant weakness is also visible among semiconductor stocks, as reflected by the 2.2 percent loss being posted by the Philadelphia Semiconductor Index.

Traditional safe-haven currencies including the Swiss franc and Japanese yen rose against the United States dollar, while those from emerging markets slid. Operating profits were 5% higher to £2.4bn (consensus: £2.02bn) on an IFRS basis and at constant exchange rates but 15% ahead at current exchange rates.

"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.

Rising geopolitical tensions were heightened further when U.S. President Donald Trump warned Pyongyang it should be "very, very nervous" if it even thinks about attacking the United States or its allies, after Pyongyang said it was making plans to fire missiles over Japan to land near the U.S. Pacific territory of Guam.

Nevsun Resources Ltd offset some of the material group's gains, plunging 16.4 per cent to C$2.75 after the company reported disappointing quarterly results.

Oil prices closed lower after an early rally faded.

OIL: Benchmark U.S. crude added 39 cents to settle at $49.56 a barrel on the New York Mercantile Exchange.

U.S. crude rose 0.69 per cent to US$49.51 per barrel and Brent was last at US$52.66, up 1 per cent on the day. The fact that ended with a 1%-plus drop, however, might be good news.

In an inversion of the curve, the spot VIX rose above VIX futures, meaning traders are paying more for protection against a sudden sharp drop on the S&P than for protection in the future. Netflix was down 1.8 percent.

CURRENCIES: The dollar fell to 109.87 yen from 110.48 yen late Tuesday.

USA crude oil inventories fell by 6.5 million barrels to 1.15 billion barrels while gasoline inventories rose 3.4 million barrels to 231.1 million barrels in the week ended August 4, the Energy Information Administration reported Wednesday. It was last up 1.1 per cent at 1.1321 per euro.

Major stock indexes overseas also racked up losses Thursday. The Russell 2000 index of smaller-company stocks gave up 13.20 points, or 0.9 percent, to 1,396.95. Hong Kong's Hang Seng was off 0.3 percent. South Korea's Kospi fell 0.5 percent.

Not long after midday, the FTSE was down 1.17% to 7,410.07, with the more domestically focused FTSE 250 down 0.4%.

The Labor Department said its producer price index for final demand edged down by 0.1% in July after inching up by 0.1% in June.



Otras noticias

Tendencias Ahora

Kenyans line up to vote for a new president
Nevertheless the normally traffic-choked streets of Nairobi remained deserted as the country held its breath over the results . Voting has passed off largely peacefully and the electoral commission has urged people to wait calmly for all the results .

Season 7, Episode 5 "Eastwatch" preview images
If you're not caught up to the latest episode , you should probably watch Aaron Rodgers' insane trick throw instead. Why take that risk? "I don't like a lot of people talking during it; I'd rather watch alone", Rodgers says.

Catch some breath-taking glimpses from season 7 of American fantasy drama
We didn't actually see Rhaegar until season six, in a flashback from the three-eyed raven, Bran. Do you think Ed Sheeran will reappear in Game of Thrones , or was he roasted at the Reach?

Chelsea must make signings — Conte
Because of this, Liverpool legend Carragher has said that he thinks it's unlikely that Conte will be their manager in a year. They say you must sign and freshen up when you're at you're strongest, and Chelsea certainly haven't done that.

Germany urges China, Russia to rein in North Korea
Pyongyang responded by saying it was studying plans for an attack on Guam, a US territory and home to Andersen US Air Force Base. McCain says he takes exception to Trump's comments "because you got to be sure you can do what you say you're going to do".

State Dept. Says Trump On 'Same Page' As US Officials
The Dow Jones industrial average broke a 10-day streak of record highs on Tuesday, closing down by 0.2%, or 33 points. Pyongyang said it was examining plans for attacking Guam, a USA territory in the Pacific that has a US military base.

The Last Jedi' Pics Reveal New Characters!
They speak exclusively in their native tongue, which director Rian Johnson says is "a blubbery sort of Scottish fish talk". Johnson states he didn't want Luke to be alone so he populated the island with various aliens such as the cute Porgs.

Guam's governor dismisses N. Korean threat, calls it 'position of fear'
For North Korea, threatening to use nukes and insisting on maintaining them isn't the thinking of crazy state actors. Mattis's statements on Wednesday add to the increasingly heated rhetoric between North Korea and the United States.

Brighton v Manchester City: Premier League preview, line-ups & predictions
Here are ten things you need to know about the English Premier League and some of its clubs in coming 2017/2018 season. Will Pep lead Manchester City to the title? "They are all great people and good friends".

Jon Jones Open To Working With WWE?
Jones (23-1) completed his rocky journey back to the top after a yearlong suspension with his 14th consecutive victory. Still, the matchup remains an intriguing one and would be a fun way to start Jones' second reign as champion.