FIRE AND FURY: Keeping up his tough talk, U.S. President Donald Trump told reporters that North Korean leader Kim Jong Un's government should "get their act together" or face the consequences, and suggested that his earlier threat to unleash "fire and fury" on North Korea was too mild. It has been more than a year since the last 5% downdraft in stocks and more than 76 weeks since the stock market suffered a 10% loss. 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%.
The broad-based S&P 500 was hit even harder, dropping 1.5 percent to close at 2,438.22, while the tech-rich Nasdaq Composite Index lost 2.2 percent 6,216.87.
The Nasdaq composite lost 18.13 points, or 0.3 percent, to 6,352.33.
The dollar-denominated RTS index was down 1.5 percent at 1,013 points as of 0834 GMT, taking its year-to-date loss to 12 percent.
The stock was the biggest gainer in the S&P 500, rising $8.02 to $45.25. The Dow slumped by 1.1%, while the Nasdaq and the S&P 500 tumbled by 1.5% and 1.4%, respectively.
Top automaker Hyundai Motor was up 0.69 percent, and top steelmaker POSCO advanced 0.44 percent. The major index futures are now pointing to a modestly higher open for the markets, with the Dow futures up by 21 points.
The rhetoric, which began late Tuesday and continued into Friday, cracked the calm that has enveloped the market for months and interrupted stocks' march higher.
Disney dropped 4.5% after reporting a weak quarter and saying it would pull its movies from Netflix and start two of its own video streaming services.
Roger Federer punches ticket to Rogers Cup semi-finals
Buoyed by a captivated, rowdy Montreal night session crowd, Shapovalov found his way back into the match in the second set. "I already beat other players 17 times", said Federer. "I struggled against Ferrer early on, so today was better".
Priceline Group slumped 6.5 percent after issuing a profit forecast that was weaker than analysts were expecting.
Shares in several other big media companies also declined. The company booked a hefty charge and said its CFO is leaving.
Data storage company Seagate Technology (STX) posted a standout gain within the hardware sector, jumping by 2.4%.
Brent crude futures lost 0.8 percent to $51.5 per barrel on persistent oversupply worries despite a bigger-than-expected drawdown in USA crude inventories. Brent crude, used to price worldwide oils, gained 10 cents to $52.24 in London. Silver also rose, gaining 43 cents, or 2.6 percent, to $16.82 an ounce.
The Dow is up 2,081.41 points, or 10.5 percent. Copper rose 4 cents to $2.94 a pound.
The dollar fell to 109.85 yen from 110.48 yen late Tuesday.
Excluding food and energy prices, core consumer prices still crept up by 0.1 percent in July, matching the increases seen in the three previous months. The euro held steady at $1.1752.
The Tropical Depression is expected to stay well off to our east and will not impact our coast here in North Carolina. However, the air that the system is running into will be dry, which might prevent it from organizing.
He added: "I'm convinced in 10 or 15 years it will not necessarily be a football specialist who is a manager of a club". Wenger though stressed on the fact that Sanchez remained "focused" on playing for Arsenal this season.
In July 2016, The Hague's Permanent Court of Arbitration ruled that China has no rights for territorial claims in the region. A dispute over the Senkaku Islands in the East China Sea continues to boil between the two Asian giants.
Computer hardware stocks rebounded following recent weakness, with the NYSE Arca Computer Hardware Index climbing by 1.4%. The local currency was trading at 1,147.55 won against the US dollar, down 5.55 won from the previous session's close.
CM Mehbooba has also met the leaders of all the political parties in Kashmir so that she is not "outwitted" by her ally BJP. The separatist said that the strike is also against the IN force who are continuously killing the innocent Kashmiris.
The economic consequences ... would likely be horrific, and ... also result in a temporary shock to global financial markets . It has been the leading S&P gainer so far this year, making it particularly vulnerable to a decline.
Australia's S&P/ASX 200 edged down almost 0.1 percent to 5,760.90, while South Korea's Kospi fell 0.5 percent to 2,357.84. The US Consumer Price Index (CPI) edged up 0.1% last month after staying flat in June and falling by 0.1% in May.
Trainor said SoundCloud will continue to offer the suscriptions, but that it won't be the central focus of the company. Total revenue has more than doubled to more than a $100 million annual run-rate this year. " SoundCloud can do more".
With the investment in infrastructure the North Korean people's lives would be improved and a dialogue would be opened. There are no air raid drills or cars in camouflage netting as was the case during previous crises.
South Korea's KOSPI fell 1.7 percent to its lowest since May 24, but its losses for the week are a relatively modest 3.2 percent. Wilmar International slipped 6.4 per cent or 22 cents to $3.20; Hongkong Land lost 2.1 per cent or 16 U.S. cents to US$7.34.
Trump Welcomes New Sanctions On North Korea
In the face of Saturday's United Nations sanctions, North Korea remained defiant, saying the UN's move was unwarranted and unfair. Along with stopping the missile launches, North Korea would have to quit its nuclear weapons testing, he said recently.
North Korea Tensions Hit Global Stock Markets
Shares Snap fell 1.94, or 14%, to 11.83 after the Snapchat parent reported earnings late Thursday that missed analyst forecasts. Investors instead turned to safe-haven assets such as gold, pushing it to a two-month high, and the Japanese yen rose.
Driver Who Crashed Into Counter Protesters ID'd
Our diversity, that mosaic tile of immigrants is what makes us so special, and we will not let anybody come here and destroy it. The mayor of Charlottesville said via Twitter on Saturday that he is "heartbroken" to announce that a "life has been lost".
India on top against SL o Day 1 at stumps
Rahul, who survived a dropped catch on 28, brought up his seventh consecutive Test 50 with a double off pacer Lahiru Kumara . Sandakan dismissed Pujara for a paltry 8 as he nicked one to Mathews at slip to get Sandakan his first wicket .
Selloff in stocks takes a breather; gold and yen tick up
The broad-based S&P 500 shed 0.6 percent to 2,459.50, while the tech-rich Nasdaq Composite Index tumbled 0.8 percent to 6,299.12. The local currency was trading at 1,145.05 won against the US dollar , down 3.05 won from the previous session's close.
Trump warning over North Korea hits markets
Ten-year USA yields dropped 4.3 basis points to 2.24 percent and German equivalents fell 3 bps to 0.43 percent, a six-week low. Investors instead turned to safe-haven assets such as gold, pushing it to a two-month high, and the Japanese yen JPY= rose.
Wenger confirms Sanchez out for 'a while'
Mesut Ozil will " take centre stage " as Arsenal's main man this season, former Gunners midfielder Stewart Robson told talkSPORT. And ahead of their opening fixture at home to Leicester on Friday night, Joshua has dealt him another blow.
Malappuram: School in a spot over uniform diktat
Earlier in June, the design of girls" school uniform in a Kerala had sparked controversy after a photographer called it "vulgar'. The Childline officials have also found the process highly discriminatory which will raise mental agony of the students.
Stocks drop, led by technology companies
Shares Snap fell 1.94, or 14%, to 11.83 after the Snapchat parent reported earnings late Thursday that missed analyst forecasts. The Dow Jones industrial average slid 204.69 points, or 0.9 percent, to 21,844.01, just shy of its low point for the day.
US, France pledged to work to denuclearize North Korea
On Tuesday, the commander in chief said the rogue nation "will be met with fire and fury like the world has never seen ". All parties must assure North Koreans we will forego any military action against them if North Korea remains peaceful".