Popular Posts Last 7 days_$type=three$meta=0$snip=0$rm=0$count=9$show=/search/label/Popular

Popular Posts Last 30 days_$type=three$meta=0$snip=0$rm=0$count=9$show=/search/label/Popular

Popular Posts Last year_$type=three$meta=0$snip=0$rm=0$count=9$show=/search/label/Popular

Popular Posts All time_$type=three$meta=0$snip=0$rm=0$count=9$show=/search/label/Popular

Islamophobia_$type=carousel$h=350$show=/search/label/Muslim%20World

Saudi Arabia$type=two$count=2$h=250$space=1$icon=1$m=0$sn=0$rm=0$show=/search/label/Muslim%20World

Iran_$type=three$count=3$h=250$space=1$icon=1$m=0$sn=0$rm=0$show=/search/label/Muslim%20World

Palestine$type=three$author=hide$comment=hide$rm=hide$date=hide$show=/search/label/Muslim%20World

Wall Street to open lower as North Korea missile test rattles investors

SHARE:

U.S. stocks were set to open sharply lower on Tuesday as North Korea’s missile test over Japan escalated tensions with the United States, and President Donald Trump warned that “all options are on the table”.

The Dow e-minis were down 108 points, while the Nasdaq 100 e-minis NQc1 were down 46 points.

The missile, tested early on Tuesday, flew over Japan and landed in the Pacific about 735 miles off the northern region of Hokkaido, a rare occasion when North Korea fired projectiles over mainland Japan.

“Threatening and destabilizing actions only increase the North Korean regime’s isolation in the region and among all nations of the world. All options are on the table,” Trump said in a statement.

Earlier this month, North Korea threatened to fire four missiles into the sea near the U.S. Pacific territory of Guam after Trump warned that the reclusive country would face “fire and fury” if it threatened the United States.

“It is a risk-off mode and ... investors are either staying on the sidelines for this dust to settle or booking their gains,” said Naeem Aslam, chief market analyst at Think Markets UK.


Investors scampered to safe-haven assets, with gold XAU= jumping to its highest since November and the benchmark U.S. 10-year treasury yield US10YT=RR dipping to its lowest since the day after the Nov. 8 U.S. presidential election.

The news also jolted the CBOE Volatility index .VIX, which rose 1.94 points to 13.26.

Investors have been pouring into exchange-traded products linked to Vix, particularly and, that were up about 13 percent and were among the most active issues in premarket trading. iShares MSCI Emerging Markets ETF was down nearly 1 percent.

The S&P and the Dow ended little changed on Monday, with energy and bank shares lower as Tropical Storm Harvey crippled the U.S. energy hub in Texas.

“The effects of Hurricane Harvey are still going to remain prominent as the flooding continues. It is going to have some serious economic impact and just how large that would be is still unclear,” Aslam said.

At 8:30 a.m. ET (1230 GMT), Dow e-minis 1YMc1 were down 108 points, or 0.5 percent, with 51,360 contracts changing hands.

S&P 500 e-minis ESc1 were down 13.25 points, or 0.54 percent, with 363,037 contracts traded.

Nasdaq 100 e-minis NQc1 were down 46 points, or 0.79 percent, on volume of 67,545 contracts.

U.S.-listed shares of gold miners including Kinross Gold and Harmony Gold were up about 5 percent in premarket trading.

Dow component Nike fell 2.31 percent after Morgan Stanley cut its price target by $4 to $64.

Finish Line plunged about 29 percent after the sporting goods retailer cut its full-year profit forecast and adopted a poison pill.

Electronics retailer Best Buy were down about 1 percent despite raising its full-year revenue forecast.

COMMENTS

Name

Ads,5,Afghanistan,75,Africa,26,Americas,5,Animals,36,Argentina,1,Asia,235,Australia,11,Austria,5,Bahrain,2,Bangladesh,18,Barcelona,1,Belgium,3,Brunei,1,Business,1300,Canada,4,Catalan,80,China,118,Cuba,3,Czech Republic,3,DR Congo,1,Egypt,22,Ethiopia,1,Europe,237,Fitness,14,France,26,Germany,37,Headlines,11,Health,169,Hillary Clinton,199,Hong Kong,2,Hungary,1,Iceland,1,India,104,Indonesia,9,International,75,Iran,77,Iraq,77,Ireland,2,Islamophobia,19,Israel,10,Italy,3,Japan,36,Jordan,1,Kenya,7,Kosovo,1,Kuwait,3,Lebanon,2,Libya,2,Lifestyle,302,Lithuania,1,Malawi,1,Malaysia,15,Malta,1,Maxico,3,Middle East,127,Muslim World,598,Myanmar,35,Nawaz Sharif,5,Nepal,3,Netherlands,2,New Zealand,9,Niger,1,Nigeria,2,Nobel Prize,81,North Korea,53,Norway,1,Opinion,26,Pakistan,1036,Palestine,36,Philippine,16,Pics,66,Poland,3,Popular,1,Qatar,93,Rohingya,118,Russia,45,Rwanda,1,Saudi Arabia,83,Science,144,Serbia,2,Showbiz,350,Somalia,4,South Africa,1,South Korea,7,Spain,60,Sports,1311,Sudan,1,Sweden,1,Switzerland,2,Syria,112,Taiwan,2,Technology,449,Thailand,5,Today IN History,24,Top News,994,Tunisia,1,Turkey,77,U.S.,301,UAE,21,UK,51,Ukrain,2,Venezuela,4,Videos,75,Vietnam,2,World,4824,Yemen,21,Zimbabwe,2,
ltr
item
Muslim Global: Wall Street to open lower as North Korea missile test rattles investors
Wall Street to open lower as North Korea missile test rattles investors
https://3.bp.blogspot.com/-Lgw4SKTDgyQ/WaVpltG-t7I/AAAAAAAAd6I/mEl6KQsEUK0WOm-RrGX9GPJFBKvqcMyzQCLcBGAs/s640/Traders%2Bwork%2Bon%2Bthe%2Bfloor%2Bof%2Bthe%2BNew%2BYork%2BStock%2BExchange%2B1.jpg
https://3.bp.blogspot.com/-Lgw4SKTDgyQ/WaVpltG-t7I/AAAAAAAAd6I/mEl6KQsEUK0WOm-RrGX9GPJFBKvqcMyzQCLcBGAs/s72-c/Traders%2Bwork%2Bon%2Bthe%2Bfloor%2Bof%2Bthe%2BNew%2BYork%2BStock%2BExchange%2B1.jpg
Muslim Global
http://www.muslimglobal.com/2017/08/wall-street-to-open-lower-as-north.html
http://www.muslimglobal.com/
http://www.muslimglobal.com/
http://www.muslimglobal.com/2017/08/wall-street-to-open-lower-as-north.html
true
616431133175714168
UTF-8
Loaded All Posts Not found any posts VIEW ALL Readmore Reply Cancel reply Delete By Home PAGES POSTS View All RECOMMENDED FOR YOU LABEL ARCHIVE SEARCH ALL POSTS Not found any post match with your request Back Home Sunday Monday Tuesday Wednesday Thursday Friday Saturday Sun Mon Tue Wed Thu Fri Sat January February March April May June July August September October November December Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec just now 1 minute ago $$1$$ minutes ago 1 hour ago $$1$$ hours ago Yesterday $$1$$ days ago $$1$$ weeks ago more than 5 weeks ago Followers Follow THIS CONTENT IS PREMIUM Please share to unlock Copy All Code Select All Code All codes were copied to your clipboard Can not copy the codes / texts, please press [CTRL]+[C] (or CMD+C with Mac) to copy