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Stock Market New (US Open) – European and US shares extend losses as North Korea weighs

Posted on August 9, 2017 at 2:31 pm GMT

Major European bourses fell deeper into the red during the course of the day and ahead of the US open. Market sentiment remained risk-off followed the heightened geopolitical tensions in the Korean peninsula, while the incident earlier today involving a car deliberately running over a group of soldiers in a Paris suburb also weighed on equities. US stocks looked set to extend yesterday’s losses, with the Dow Jones opening 0.2% lower, the S&P 500 by 0.5% and the NASDAQ Composite [..]

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Stock Market News (European Open) – US-North Korea tensions command equity market activity, induce spike in volatility

Posted on August 9, 2017 at 9:02 am GMT

Mounting tensions between the US and North Korea have weighed on equity markets, sending the majority of the Asian and European bourses into red territory and inducing a spike in volatility. Bar Australia’s equity benchmark, the S&P/ASX 200 that rose 0.38% today, all other major bourses in Asia finished day lower. Japan’s Nikkei 225 was down 1.29%, followed by the Hang Seng index that fell 0.36% and the Shanghai Composite index that dropped 0.03%. North Korea announced that its leader Kim Jong Un [..]

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