prensaestatal.com
prensaestatal.com Agosto 16, 2017


Gold Retreats From Fresh 2-Month Highs, Risk Appetite Remains Dominant

12 Agosto 2017, 09:49 | Dolorita Barahona

Markets Right Now: Stocks drift lower on Wall Street

At the open: TSX rises with resource stocks; financials weigh Add to ...

Energy stocks also fell as crude oil prices headed lower.

The Standard & Poor's 500 index slipped 0.90 of a point, or 0.04 percent, to 2,474.02.

The Dow Jones Industrial Average fell 0.9% to end at 21,844.01, the only close below 22,000 since breaking through that level for the first time August 2.

About 7.5 billion shares changed hands on USA exchanges, well above the 6.25 billion average for the last 20 days. The Nasdaq composite lost 0.2 per cent, to 6,370.46.

South Korea's benchmark Kospi index fell 1.1%, and the Nikkei in Tokyo sank 1.3%.

The market indexes wavered between small gains and losses for much of the morning, then veered lower by afternoon.

- Asian stock markets slid Wednesday following Wall Street's decline as President Donald Trump and North Korea traded threats over the North's nuclear program. They outweighed gains in health care stocks and elsewhere. Markets were primed for something slightly more dovish, so the NZD rose a third of a cent and the two-year swap rate rose two basis points.

Investors on Thursday scampered to safe-haven assets such as gold and the Swiss franc, helping the precious metal hit a more two-month high.

Gold rose again on Thursday as tensions between North Korea and the United States continued to impact markets.

Earlier in the week, Trump said the US would unleash "fire and fury" on North Korea if it continued to threaten the U.S.

"As a portfolio manager, you say, 'Do I think we'll get a war out of this?' " said Torsten Slok, chief global economist at Deutsche Bank, referring to the bluster between North Korea and President Donald Trump.

Safe-haven assets gained following the mounting geopolitical tensions. But the moves were modest. Meanwhile, after jumping $10.80 to $1,290.10 an ounce in the previous session, gold futures are climbing $6.50 to $1,296.60 an ounce.

"The escalation of the geopolitical situation between the USA and North Korea is beginning to rattle investors' nerves as was witnessed in the VIX index yesterday", said Peter Cardillo, chief market economist at First Standard Financial.

"Heightened geopolitical risks overnight have seen the markets flip from risk-on to risk-off and we have to wait and see how long this move runs before adding some positions", said Viraj Patel, an FX strategist at ING in London.

BAD TRIPS: Priceline Group slid 7.6 percent after the online travel booking service issued a profit forecast that was weaker than analysts were expecting. The stock lost $2.36, to $20.67.

WALL STREET: Losses in health care and consumer-focused companies pulled USA stocks lower, snapping a 10-day winning streak for the Dow Jones industrial average. The stock fell $4.15 to $102.83.

USA crude (CLc1) shed 10 cents to $49.07 a barrel. The euro edged down to $1.1727 from $1.1751.



Otras noticias

Tendencias Ahora

Nadal cruises as Pliskova prevails
Federer, who celebrated his 36th birthday on Tuesday, took just 53 minutes to beat Canada's world No 116 Peter Polansky 6-2 6-1. His reward is another step up in quality, as he takes on Rafael Nadal in the final match on Court Central on Thursday.

Pics Released For Next Week's Game of Thrones
Daenerys Targaryen might have laid waste to the Lannister forces last week, but with fire and blood comes lots of doom and gloom. We can only imagine what else might be coming up, either in Season 7 or the final one to come that wraps everything up.

Not happy: Gary Cahill slams lack of Chelsea transfer activity
He's available, can we get him?' I think Chelsea more often than not have backed their managers and brought in the players needed. Jamie Carragher has said that he would be surprised if Antonio Conte is still at Chelsea a year from now.

Man City to rein in spending after record outlay — Guardiola
The turbulent history of this fixture will tell them not to count their chickens before they are hatched, however. The penultimate game of the season was at the Goldstone Ground, Brighton's ramshackle stadium until 1997.

Sead Kolasinac and Alexandre Lacazette Play - Arsenal Team vs Leicester City Confirmed
The new Premier League season is here, and it kicks off with what should be a very exciting match. THE Premier League title race is wide open, according to former Socceroo Robbie Slater.

New signing will start the game
Conte said: "It's simple". "I'm so grateful - thanks so much to the club for picking him up", said Guardiola. "It's not easy. Groves then hinted he thinks Conte could be gone before the end of August if things don't go Chelsea's way.

HBO Hackers Leak Email From Network That Offers Them $250000
In their initial video to HBO , they requested "six months salary", claiming to make $12 million to $15 million per year. We continue to work around the clock with outside cybersecurity firms and law enforcement to resolve the incident .

Wenger: Arsenal not super optimistic Alexis will sign new contract
However, Kelechi Iheanacho has recovered from the toe injury amd will make his make his debut along with Harry Maguire . Wenger admits he was surprised to lure the 26-year-old from Lyon to London .

TSX slides as investors flee riskier assets; gold gains
Against that backdrop, Dudley might provide an upbeat outlook and confirm the Fed is on track for a rate hike, said Innes. After a dip of as much as 0.52 percent earlier in the day, Wall Street's three major indexes bounced off intraday lows.

Chelsea boss Conte expects six-team Premier League title race
He said :" Chelsea have broken up that partnership and strengthened their rivals". My aim is to try to improve my players, to try to improve my team.