68% of FTSE 350 board members lack cybersecurity training
Solar eclipse coming with nearly US$700M tab for US employers
Dutch Bros recalls eclipse glasses, tells customers not to use them
Sensex falls as Infosys extends losses
Berkshire Hathaway Outbid By Sempra For Oncor Electric Delivery
As North Korean tensions simmer, here's how stocks reacted to past crises
13 August 2017, 05:41 | Kelvin Horton
Markets Right Now: Stocks drift lower on Wall Street
NEW YORK, Aug 10 (Reuters) - Stocks around the world fell sharply on Thursday and investors moved into the yen, gold and other safe-haven assets amid more aggressive talk between the United States and North Korea.
"There is a low probability that we will have a war with North Korea", he said, and a larger pullback in stocks is "a buyable drop".
"Meanwhile, Trump knows that a conflict in North Korea could risk a huge amount of casualties and a huge humanitarian crisis on China's doorstep".
"With European, U.S. and Asian markets all suffering heavily in anticipation of a potential conflict in Asia, it is worthwhile noting that we have heard similar posturing between Trump and Kim Jong Un before", said Mahony.
Japanese markets were closed for a holiday but the in-demand yen powered on, hitting an eight-week high of 108.91 yen to the dollar, adding to its biggest weekly gain since May.
"Although it is considered highly unlikely that this tension will escalate into a nuclear war, the market still needs to see how President Trump will eventually deal with his advocating "fire and fury" against North Korea's threat", said Margaret Yang Yan, market analyst at CMC Markets Singapore.
The precious metal miners benefited from the flight to safety, with bullion prices hitting near two-month highs on North Korean worries.
US missile makers Raytheon and Lockheed Martin have outperformed Wall Street by nearly 4 percent in recent days.
The dollar index .DXY , which tracks the greenback against six rival currencies, was down 0.12 percent to 93.53, after rising as high as 93.888 earlier in the session.
Bond prices came under pressure early in the session and remained stuck in the red throughout the day.
Geopolitical concerns continued to weigh on Wall Street amid an ongoing escalation in tensions between the United States and North Korea.
U.S. crude oil crude futures edged up 5 cents to $48.64 per barrel.
U.S. producer prices Thursday disappointed, as traders await consumer price inflation figures later Friday.
High-flying technology names suffered outsized losses on the day, with Apple falling 3.2 percent, Amazon 2.6 percent and Facebook 2.2 percent.
The S&P/TSX composite index was down 39.02 points to 15,217.33, with most sectors finishing in the red while bullion stocks surged almost 1.9 per cent. Hong Kong's Hang Seng Index plunged by 2 percent, while South Korea's Kospi Index slumped by 1.7 percent.
Australian shares fell to near three-week lows in a broad-based selloff. News Corp tumbled 5.4% and REA Group slumped 6% after disappointing full-year results.
But Michael said the overall market was still expected to saw-tooth its way higher due in part to a batch of better-than-expected earnings and low interest rates, despite the shift toward raising rates.
USA crude was down 0.9 percent at $48.16 per barrel, on track for a weekly loss of 2.9 percent.
Shares of Snap (SNAP) are also seeing pre-market weakness after the parent of Snapchat reported a wider than expected second quarter loss on revenues that came in below expectations.
Dulquer Salmaan Makes Bollywood Debut Alongside Irrfan Khan
Born to Malayalam superstar Mammootty, the South actor is all set to play the lead in Ronnie Screwvala's upcoming production. The shoot for his film will begin in September first week and locations will be the picturesque locales of Ooty and Kochi.
Insider Trading at National Retail Properties?
ValuEngine lowered Retail Properties of America from a "buy" rating to a "hold" rating in a research report on Friday, June 2nd. Principal Financial Group Inc. increased its position in Retail Properties of America by 1.4% in the first quarter.
Axalta Coating Systems Ltd. (NYSE:AXTA)
Following the acquisition, the director now directly owns 4,000 shares of the company's stock, valued at approximately $112,640. The Company is a manufacturer, marketer and distributor of coatings systems primarily serving the transportation industry.