S&P falls 1.4 pct in safety flight on N. Korea tensions
12 August, 2017, 19:13 | Author: Terri Saunders
"But looking ahead, unless we start to see a conflict breakout or a major stock market correction, (gold) is capped at $1,295, (although) the upside at the moment is the favoured direction".
The recent resilience of data on the United States economy has not dampened the latest climb, despite depressing prices earlier in the week as reports returned high employment figures ahead of further USA inflation information this week.
The positive data also bolstered the greenback against the euro and the pound Wednesday.
Trump, whose threat this week to bring "fire and fury" was dismissed by North Korea, said Thursday that statement might not have been "tough enough".
The rhetoric between the US and North Korea has continued to heat up, leading traders to look to safe havens such as gold and treasuries. The U.S. dollar was down 0.3% at 110.01 yen which hurt the share prices of motor-vehicle makers, technology companies and banks. On the Nasdaq, 2,303 issues fell and 567 advanced.
"Traders should closely watch global equities today, with further falls and risk aversion likely pumping more safe-haven flows into precious metals", said Jeffrey Halley, a senior market analyst at OANDA.
Dow e-minis were up 6 points, or 0.03 percent, with 29,187 contracts changing hands at 8:34 a.m. ET (1234 GMT).
That said, analysts remain bullish on gold for the rest of the year.
When Iraq invaded Kuwait 27 years ago this month, the S&P 500 fell 1.1 percent, and was down 9.3 percent 20 days later.
Benchmark U.S. crude rose 23 cents to settle at $48.82 a barrel on the on the New York Mercantile Exchange.
About 7.5 billion shares changed hands on USA exchanges, well above the 6.25 billion average for the last 20 days.
South Korean shares, which have been among the strongest performers in the world so far this year, fell 0.9 percent, while the won sank around 0.7 percent to 1,136.4 to the dollar.
Mattis said North Korea must stop isolating itself and "stand down" in its pursuit of nuclear weapons, and Pyongyang "should cease any consideration of actions that would lead to the end of its regime and the destruction of its people". Brent crude, used to price worldwide oils, rose 20 cents to $52.10 a barrel in London.
US stock indexes were set to open little changed on Friday, with the S&P 500 on track to post its biggest weekly loss in nine months, as investors remained cautious on heightened tensions between the United States and North Korea.
USA credit card processing company Vantiv secured a deal to buy British-based rival Worldpay for 8 billion pounds ($10.4 billion) Wednesday in a bid to create a $29 billion global payments powerhouse. Some of Canada's biggest banks were also influential decliners, but closed with only moderate losses.
Charter Communications rose 2.9 per cent on news Altice is exploring a bid for the cable giant.
Shakespeare was true to his word and started Riyad Mahrez despite the Algeria worldwide asking to leave the King Power Stadium. Danny Welbeck levelled for Arsenal , but Vardy's second goal looked to have won it for Leicester until the sensational finale.
In the clip, The Situation describes Pauly D as his former "boy in the house", but laments that they haven't spoken in five years. He also sports his famous "motorcycle-proof" hair even if he tries to wear more sensible hairstyles during the past five years.
Guam Governor Eddie Calvo has backed Mr Trump, saying "I want a president" who defends American territories with tough talk. " North Korea's missiles may be one threat to Guam , but scientists are warning of another: climate change", it reads.
"So only every 18 months or so somewhere in the world can we get a complete picture of the sun, as it is on that day". Eric Schmidt, with Omni Eye Specialists in Wilmington, N.C has offered his advice for safely viewing the phenomenon.
Insurers and banks, which invest in higher-yielding products such as foreign bonds, underperformed after U.S. The dollar is down 0.21% against sterling at the time of writing and down 0.27% against the Japanese yen .
This summer we had to do that because we had one of the oldest teams in Europe, not just the Premier League. You can then receive our daily newsletter AND add your point of view to stories that you read here.
He said, "We wanted to make it a unity convention, hence we made a decision to bring so many people to serve on this committee". Chairman of the party's Board of Trustees (BoT), Senator Walid Jibrin said, "The PDP will never die".
And Trump's previous notion that China could simply solve this problem for everyone is magical thinking. "Not even close. They eventually agreed to measures that the US says will cost North Korea more than a billion dollars each year.
A complaint has been filed at Nazarathpet police station against the producers of the show, Vijay TV and the show's host Kamal Haasan .
Se la Corea del Nord attacca Guam se ne pentirà amaramente
GLI SCENARI - Se la Corea del Nord dovesse lancia un attacco di minaccia agli Stati Uniti , la Cina dovrebbe rimanere neutrale. Ma l'escalation di tensione preoccupa la Russian Federation , che ha deciso di rafforzare i sistemi anti-aerei a Est.
Samsung Gear Sport smartwatch tipped by FCC entry
It could be a hybrid between Samsung's Gear S3 and Gear Fit 2 that aims to serve the goal of both a smartwatch and fitness band. The device was spotted visiting the FCC with features such as Wi-Fi and Bluetooth support but the other details remain unknown.
S&P closes barely lower despite N. Korea tensions
Non-OPEC production will get a health check later today when the Baker Hughes U.S. rig count is published at 1:00 p.m. Right now, we're going to treat the current selling as a much needed short-term correction.
Man arrested in East Harling murder investigation
It is believed he was wearing a blue t-shirt and grey floppy, gym-style shorts above the knee, and heavyduty flip-flops. And post-mortem examination tests showed the elderly man had been repeatedly stabbed in his head and neck.