• Dollar hits 8-week low vs yen on intensifying N.Korea tensions
Dollar hits 8-week low vs yen on intensifying N.Korea tensions

It was up about 2 percent for the week so far. Adding to the modest losses posted in the two previous sessions, stocks moved sharply lower over the course of the trading day on Thursday. The market indexes wavered between small gains and losses for much of the morning, then veered lower by afternoon. It earlier hit its highest since June 8 at $1,...

Read more

  • Wall St closed lower, Dow snaps winning streak: ASX to open flat
Wall St closed lower, Dow snaps winning streak: ASX to open flat

Reuters data show a 22 percent perceived chance for a rate hike after the Fed's December meeting. Among the more popular stocks lifting indexes were Microsoft (+1.54%), Cisco (+1.42%), Apple (+1.39%) and Netflix (+1.36%). Yesterday, Federal Reserve Bank of New York President William Dudley cautioned that "it's going to take some time ...

Read more

  • Gold Climbs to Near Two-Month High
Gold Climbs to Near Two-Month High

The Dow Jones Industrial Average . DJI closed down 204.69 points, or 0.93 percent, at 21,844.01, the S&P 500 . SPX lost 35.81 points, or 1.45 percent, to end the session at 2,438.21 and the Nasdaq Composite . Of those, 52 percent delivered earnings and revenue that beat financial analysts' forecasts, according to S&P Global Market Intellige...

Read more

  • Trump Doubling Down on Rhetoric Rattles South Korean Markets
Trump Doubling Down on Rhetoric Rattles South Korean Markets

It has been the leading S&P gainer so far this year, making it particularly vulnerable to a decline. In other news, USA wholesale inflation dropped in July, the first contraction in almost a year and another data point that could weaken the case for the Federal Reserve to raise the benchmark interest rate again later this year.

Read more

  • North Korea nerves rattle stocks, lift gold, yen
North Korea nerves rattle stocks, lift gold, yen

Oil prices were headed higher. However, an Associated Press report that the USA and North Korea have been engaged in back channel talks (https://apnews.com/686ac7c761694b28b67793a1d8297145?link=mktw) for several months even as they exchange incendiary threats helped to soothe some of the jitters.

Read more

  • Swiss franc, yen rise as North Korea tensions brew
Swiss franc, yen rise as North Korea tensions brew

Simmering tensions between the USA and North Korea were also weighing on the market. The Nikkei slumped to its lowest close for nearly three months yesterday, leading an Asia-wide sell-off sparked by President Donald Trump's apocalyptic warning over North Korea's weapons programme.

Read more

  • Fort Myers eye doctor issues solar eclipse warning
Fort Myers eye doctor issues solar eclipse warning

Prior to that, the last eclipse to traverse from coast to coast was June 8, 1918, according to the National Park Service. The eclipse is expected to have 81 percent coverage from this location. Homemade sun filters and regular sunglasses do not provide sufficient eye protection. The American Astronomical Society has listed manufacturers of ec...

Read more

  • Prudential Financial, Inc. (NYSE:PFK) Valuation According To Analysts
Prudential Financial, Inc. (NYSE:PFK) Valuation According To Analysts

Other hedge funds have also modified their holdings of the company. Quadrant Capital Group LLC raised its stake in Prudential Financial by 11.1% in the first quarter. Shareholders of record on Tuesday, August 22nd will be given a $0.75 dividend. $3.81 million worth of Prudential Financial Inc (NYSE:PRU) was sold by Koster Barbara on Thursday, M...

Read more

  • Global markets jarred by North Korea fears
Global markets jarred by North Korea fears

Analysts said media and entertainment stocks also seemed to get caught up in the broader market drop, but emphasized it was often hard to isolate reasons behind specific stocks' movements. The yield on the 10-year Treasury note held steady at 2.26 percent. Earlier, the average had been down more than 88 points. Housebuilders Persimmon, Taylor Wim...

Read more

  • Yuvraj Singh dropped for Sri Lanka ODIs, Manish Pandey recalled
Yuvraj Singh dropped for Sri Lanka ODIs, Manish Pandey recalled

Pandey's recall has come on the back of a strong one-day triangular series for India A in South Africa, which the side won: scores of 55, 41*, 86*, 93* and 32* to be named Player of the Series. The final of Champions Trophy exposed India's slow bowling frailties. Virat Kohli (captain), Shikhar Dhawan, Rohit Sharma (vice-captain), KL Rahul, Manish...

Read more

  • Navios Maritime Acquisition Corp (NYSE:NNA) Sentiment Improved in 2016 Q4
Navios Maritime Acquisition Corp (NYSE:NNA) Sentiment Improved in 2016 Q4

Its last month's stock price volatility remained 4.26% which for the week approaches 3.05%. Vanguard Group Inc. purchased a new stake in shares of Navios Maritime Holdings during the second quarter valued at $248,000. Mizuho initiated the stock with "Neutral" rating in Tuesday, May 31 report. The stock has "Buy" rating by Jefferies on Thursday,...

Read more

  • SoundCloud is officially saved by US$170 million emergency funding
SoundCloud is officially saved by US$170 million emergency funding

A spokeswoman for SoundCloud said last month it remained fully funded into the fourth quarter, while declining to comment on what lay beyond. Should the investment deal, referred to as Project Sonic, close tomorrow, The Raine Group , Temasek , and all other existing investors would receive Series F stock, a special class of common stock that ...

Read more

  • North Korea tensions continue to weigh on global stocks
North Korea tensions continue to weigh on global stocks

Still, the S&P and the Dow were on track to post their biggest weekly loss in about five months and the Nasdaq on course to post its biggest weekly fall in about six weeks. The dollar index, which measures the U.S. currency against a basket of major peers, slipped 0.1 percent as U.S. Treasury yields fell. In Europe, the pan-continental STOXX 600 ...

Read more

  • Bargain Hunting May Contribute To Rebound On Wall Street
Bargain Hunting May Contribute To Rebound On Wall Street

The ongoing war of words between US President Donald Trump and North Korea's Kim Jong Un, and their subsequent ratcheting up nuclear tensions, triggered a surge in the price of gold on Thursday (10 August), as safe-haven seeking investors flocked to buy the yellow metal.

Read more

  • Asian shares, United States stock futures, dollar slip on rising Korean tensions
Asian shares, United States stock futures, dollar slip on rising Korean tensions

While the German DAX Index has edged down by 0.1 percent, the French CAC 40 Index and the U.K.'s FTSE 100 Index are both down by 1 percent. May 17 was the last time the three indexes had a bigger single-day decline. "The VIX index of implied future volatility on the S+P 500 index (the so-called 'fear index), jumped to a three-month high of over 1...

Read more

  • Tech companies lead worst day for stock market since May
Tech companies lead worst day for stock market since May

Treasury yields fell. Read:Few investors are excited about stocks. The Dow Jones industrial average lost 123 points, or 0.6 percent, to 21,923. 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 ...

Read more

  • Stocks plunge over North Korea tensions
Stocks plunge over North Korea tensions

Japanese markets were closed for a holiday, but the tense mood dragged Asian shares lower and an MSCI index of stocks across the globe was on track to post its largest weekly drop since the week before Donald Trump won the USA presidential election in November.

Read more

  • Swiss franc eases slightly after spiking on North Korea tensions
Swiss franc eases slightly after spiking on North Korea tensions

On Friday, an MSCI index of stocks across the globe posted its largest weekly drop since the week before Trump won the United States presidential election in November. Against the Swiss Franc , the dollar erased earlier losses to traded little changed on the day. The Japanese yen hit an eight-week high against the USA dollar, and US -traded Nikk...

Read more

  • Markets Right Now: Stocks drift lower on Wall Street
Markets Right Now: Stocks drift lower on Wall Street

The Nasdaq composite lost 18 points, or 0.3 percent, to 6,352. Earlier on Thursday, North Korea revealed a plan to launch ballistic missiles toward a major US military hub in the Pacific. Wall Street's fear gauge - the CBOE Volatility Index or the VIX - surged 44%, its second-biggest one-day jump of the year. The benchmark US yield on Thursda...

Read more

  • U.S. stocks close lower after President Trump's remarks to North Korea
U.S. stocks close lower after President Trump's remarks to North Korea

Trump was responding to North Korea's claim it was completing plans to fire four intermediate-range missiles over Japan to land near the US Pacific territory of Guam. 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 Gua...

Read more