Marcha 22, 2018

How major U.S. stock market indexes fared Wednesday

10 Agosto 2017, 10:03 | Dolorita Barahona

Asian stocks lower as US, NKorea nuclear tensions rise

While you were sleeping: 'Fire and fury' ends Dow's winning streak

Small-company stocks fell more than the rest of the market. Australia's S&P/ASX 200 edged up 0.2 percent to 5,779.20, while South Korea's Kospi fell 1.1 percent to 2,342.19. The FTSE 100 index of leading British shares was 0.6 percent lower.

"The way our infrastructure is built - an 8.3 natural disaster a decade ago, powerful typhoons - they are well-equipped to coordinate both pre-event and also post-event", he said. In 3.14pm trading, the Standard & Poor's 500 Index inched 0.06 percent lower.

A drumbeat of threats by North Korea over the years has fostered a sense of resilience among the island's 162,000 inhabitants, whose lives are deeply intertwined with the U.S. military, which has 6,000 troops based there.

Overnight North Korea dismissed as a "load of nonsense" warnings by U.S. President Donald Trump that it would face "fire and fury" if it threatened the United States.

The remarks followed a new report asserting that USA intelligence has assessed that Pyongyang has successfully produced a nuclear warhead that can fit inside its missiles.

The Swiss franc caught its breath against the dollar on Thursday after a sharp rally the previous session, but still held on to much of those hefty gains amid deepening anxiety over the war of words between the United States and North Korea.

Simmering tensions between the USA and North Korea continued to weigh on investors.

WALL STREET: Investors' unease over such escalating tensions weighed on stocks earlier in the day, although that settled by the end of the day. Lockheed Martin, Raytheon, General Dynamics and Northrop Grumman all rose and the Dow Jones U.S. defense index was up 1.6 percent after hitting a record high.

The Nasdaq Composite .IXIC was down 68.30 points, or 1.08 percent, at 6,284.03. The advances were detailed in an official Japanese assessment and later a Washington Post story that cited US intelligence officials and a confidential Defense Intelligence Agency report. Job openings jumped 8 percent to 6.2 million, the Labor Department said Tuesday. While there has been some resistance and displeasure from the people of Guam over the US military's presence, it is also essential to the island's economy, second only to tourism in importance. The data suggest employers have plenty of jobs to fill but are struggling to find workers.

New York Federal Reserve President William Dudley will speak on wage inequality in the New York region at 10 a.m. Against that backdrop, Dudley might provide an upbeat outlook and confirm the Fed is on track for a rate hike, said Innes.

CURRENCIES: The dollar slipped to 109.78 yen from 110.06 late Wednesday in Asia.

The pound was down 0.09% against the euro at 1.1049 and down nearly 0.2% on the dollar at 1.2978. Crude oil futures nudged higher toward $50 a barrel as US stockpiles continued to fall. The contract shed 22 cents on Tuesday to close at $49.17.

She added that she recently discussed the issue with US Secretary of Defense James Mattis and Navy commanders. Wells Fargo still ended up 0.3 per cent at $52.71.

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