Markets Right Now: Stocks drift lower on Wall Street
14 August, 2017, 01:43 | Author: Gladys Mathis
Investors' unease over escalating tensions between the USA and North Korea had weighed on stocks earlier in the day, pushing gold and bond prices slightly higher.
The Labor Department said its consumer price index inched up by 0.1 percent in July after coming in unchanged in June. Secretary of State Rex Tillerson later insisted the US isn't signalling it's about to mete out a military response despite threats from North Korea suggesting it could attack Guam, a USA island territory in the Pacific.
United States stocks also fell, lingering in negative territory the entire session, but notching smaller declines than in overseas markets.
MARKETS OVERSEAS: Major indexes in Europe slumped.
Top automaker Hyundai Motor was up 0.69 percent, and top steelmaker POSCO advanced 0.44 percent. The Dow slumped by 1.1 percent, while the Nasdaq and the S&P 500 tumbled by 1.5 percent and 1.4 percent, respectively.
-All 19 industry groups on the Stoxx 600 fell, with volume about 13 percent higher than the 30-day average at this time of day.
Trump had told North Korea to not "make any more threats" to the USA or the country "will be met with fire and fury like the world has never seen". The Nasdaq composite lost 0.2 percent, to 6,370.46.
Snapchat results show growth in users and revenue
The company reported ($2.31) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of ($2.05) by $0.26. While the key measure of daily active users (DAU) was up 4% for Q2, the app still lagged behind its expected growth in users.
The Cop Who Was Shot Point-Blank Bought His Own Body Camera
The officer gave Orr one more final warning that he would be forced to use a Taser if he didn't comply with his demands. Smith is still on medical leave, but he told WJCL that he wants to return to the department by the start of next year.
The CBOE Volatility Index .VIX , a barometer of expected near-term stock market volatility, closed at its highest since the USA presidential election on Thursday, but was down 1.22 points at 14.82 points on Friday. As a result, the yield on the benchmark ten-year note, which moves opposite of its price, dipped by 2.3 basis points to 2.189 percent.
Disney dropped 3.9 percent, its biggest single-day loss in more than a year, after the media giant reported a weak quarter and said it would pull its movies from Netflix and start two of its own video streaming services.
On Wednesday, North Korea's military said it is considering missile strikes near Guam, warning that it is ready to stage an all-out war if Washington launches a preventive war against it. Netflix lost 1.5 per cent. Silver gained 47 cents, or 2.9 percent, to $16.86 an ounce.
In currency markets, the Canadian dollar was trading at an average price of 78.71 cents USA, down 0.20 of a U.S. cent. Brent crude, used to price global oils, gave up 29 cents to $51.85 in London. Copper fell 2 cents to $2.93 a pound.
CURRENCIES: The dollar fell to 109.87 yen from 110.48 yen late Tuesday.
Nordstrom Inc.(JWN) shares rose 1.6% after the retailer late Thursday posted earnings that beat expectations (http://www.marketwatch.com/story/nordstrom-shares-rise-after-retailer-tops-views-sales-rise-2017-08-10), along with a sales rise.
After more than two months since it dropped in theaters, " Wonder Woman " continues to be a wonder and make box office history. The special features include interviews with filmmakers, featurettes, and extended scenes .
Video of the incident shows a gray Dodge Challenger driving quickly down a narrow side street lined with walking protesters. Response teams from Richmond will be in Charlottesville this weekend, and the Virginia National Guard is on standby.
Alli was rewarded for his composure as Shelvey was dismissed, sparking Tottenham's 2-0 victory in their Premier League opener. Asked if he felt let down, Benitez said: "It's not me, it's everyone". "Hopefully he will learn from it".
Housebuilders Persimmon and Barratt Developments were among the biggest gainers of the day, up 1.58% and 1.02% respectively. Mining heavyweights BHP Billiton and Rio Tinto retreated 2-3%, while gold miners Evolution and Newcrest rose about 2% each.
Crossing the Gulf of Aden and Red Sea is particularly risky because of strong currents and high winds. Reports suggest that many Africans who arrive in Yemen are connected to the groups fighting the war.
Trump said he was keeping the US embassy in Havana "in the hope that our countries can forge a much stronger and better path". State Department spokeswoman Heather Nauert appeared to be taken off guard at a briefing with the press pool on Wednesday.
Make sure the worst score you make is a bogey and give yourself a couple of good chances on the easier holes". It was a big advantage to be in the fairway, and Olesen had only a 7-iron into 18th green.
Trump phones up Guam governor, says 1000pc safe
Calvo said earlier this week that "there is no change in the threat level resulting from North Korea events". He added, "And frankly, you could've said that for the last three presidents".
Woman's auto plunges off 7th floor of parking garage
Her care went through retention wires on the seventh floor and hit the building across the alley as it fell, rupturing a gas line. Temporary safeguards in the form of water filled barriers have been put into place where cable barriers remain.
USA consumer prices see modest rise in July
The 0.1 percent price increase last month was less than the 0.2 percent rise that analysts had forecast. The decline was driven by a 0.2 per cent drop in final demand services.
Police search for suspect in towing company robbery
He and different officers had been reacting to a report of a sincerely bothered individual when a man opened fire, police said. The officer was hit in his impenetrable vest; the shot ricocheted off the vest and hit him in the arm, police said.
Google Hosts Town Hall to Discuss Diversity in Its Ranks
Google regularly holds town hall meetings but this one is expected to be a little different in light of the recent memo post. One question asks how Google will protect female employees who have been harassed online for criticizing the memo.