U.S. retail giant Walmart announces voice-activated shopping tie-up with Google
Boston Mayor thanks counterprotesters for coming to city
Barcelona attack suspect named as Younes Abouyaaqoub
Total Buys Maersk Oil: Global Energy Growth With M&A
Draghi, Yellen set to meet amid inflation unease
How major USA stock market indexes fared Wednesday
11 Agosto 2017, 02:56 | Dolorita Barahona
An exhibit at the Korean War Memorial Museum in Seoul
Losses in health care and consumer-focused companies pulled USA stocks broadly lower Tuesday, snapping a 10-day winning streak for the Dow Jones industrial average.
Department store operator J.C. Penney (JCP) is also among the companies due to report their results before the start of trading on Friday.
Substantial weakness was also visible among internet stocks, as reflected by the 2.8 percent slump by the Dow Jones Internet Index.
Health care equipment and services company Henry Schein declined amid a broader slide by health care stocks.
Pyongyang responded with threats to launch preemptive military strikes against the USA, including targeting the Pacific island territory of Guam. "If you think this is just rattling sabers, and it's just words, then you could view this as a buying opportunity". The Nasdaq composite lost 18 points, or 0.3 percent, to 6,352.
In other energy futures trading, wholesale gasoline dipped 1 cent to $1.62 a gallon.
Investors have enjoyed a global stock rally with few interruptions this year, something many have attributed to the improving health of USA companies and steady global economic growth.
Meanwhile, gold stocks bucked the downtrend, driving the NYSE Arca Gold Bugs Index up by 1.3 percent. All the indexes are down for the week.
The Dow is up 2,286.10 points, or 11.6 percent.
"We would now be careful with a whiff of risk aversion in the air and, by extension, also stay away from shorts in the rates market", RBC's global macro strategist Peter Schaffrik said.
Following Trump's remarks, North Korea on Wednesday said it was "carefully examining" plans for a missile attack on the U.S.
"Sound dialogue is not possible with such a guy bereft of reason and only absolute force can work on him", a report by the North's state-run KCNA news agency said of Trump. That's the biggest increase since May. The S&P 500 and Dow were both coming off record highs.
Heading into Thursday, some 89 percent of the companies in the S&P 500 had reported quarterly results.
Priceline Group dropped 8 percent after issuing a profit forecast that was weaker than analysts were expecting. They outweighed gains in healthcare stocks and elsewhere.
Nvidia fell $7.37, or 4.3 percent, to $164.74, while Advanced Micro Devices gave up 71 cents, or 5.5 percent, to $12.12.
Spot gold added 1.3 percent to $1,277.15 an ounce.
Avis Budget Group slumped 9.9 percent after the auto rental company cut its guidance following a weak second quarter. Shares of Macy's lost 10%, and Kohl's fell 5.8%.
Oil prices closed lower after an early rally faded. It added 39 cents to $49.56 a barrel overnight. USA gold futures gained 1.63 percent to $1,283.20 an ounce. Silver gained 20 cents, or 1.2 percent, to $17.07 an ounce. The September copper contract was down two cents to US$2.91 a pound.
Traditional safe-haven currencies including the Swiss franc and Japanese yen rose against the US dollar, while those from emerging markets slid. The euro rose to $1.1774 from $1.1752.
Retailers were also falling Thursday. Core prices had been expected to rise by 0.2 percent. The Shanghai Composite slipped 1.1 percent to 3,240.69. Australia bucked the trend with a 0.4% gain.
Vettel sets new track record, grabs pole
Bottas let Hamilton past him, on the condition that he would give the position back if he couldn't get a clean shot at Raikkonen. It was amateur to say the least". "We've got to do the work tonight because the car currently isn't in the right window".
Newlywed Garcia not on form that brought Masters win
Bevacqua praised Johnny Harris for his leadership in bringing the tournament to Charlotte and the Quail Hollow Club course setup. That said, the golfers who know the course might not recognize it as it underwent major renovations after the 2016 Wells Fargo.
Arsenal boss Wenger: Kolasinac has force of an animal!
If the answer is no you need to take a long, hard look at yourself. "He wasn't right and he hasn't been right ever since". IT'S been 81 days since Chelsea were crowned Premier League champions and here we are on the cusp of a shiny new season.
I never wanted Matic to leave Chelsea for United — Antonio Conte
Hazard is widely regarded as one of the best players in the world having been a pivotal figure for Chelsea in the last few years. The stats-based Sky Sports Predictor is back for the new season - and it's tipping Tottenham to win the Premier League title.
Wall Street swings lower after Trump warns North Korea
Against the greenback, the Swiss franc eased about 0.1 percent to 0.9645 per dollar, having surged about 1.1 percent on Wednesday. Also, the figures and forecasts of vehicle rental company Avis were disappointing and that share trimmed 10 percent.
Hard 'N Fast: Five to watch at the PGA Championship
With several false fronts and other ridges and drop-offs, players would rather be hitting shorter irons for their approach shots. That's his biggest asset. "Being able to forget about a bad shot and move to the next one, that's his greatest weapon".