techkenyot.com
techkenyot.com October 21, 2017


FTSE ends down as shares hit by US-North Korea tensions

13 August 2017, 03:51 | Hattie Nash

US stocks close lower after President Trump's remarks to North Korea

S&P, Dow hit record highs as Apple climbs

US Secretary of State Rex Tillerson said he did not believe there was an imminent threat. The index had its biggest drop since mid-May a day earlier. The Dow rose slightly on Friday after shedding 205 points the day before, its worst slide in almost three months.

The Nasdaq composite lost 13.31 points, or 0.2 percent, to 6,370.46.

But in some respects, investors do seem more scared.

In Europe, the pan-continental STOXX 600 index lost 0.8 per cent, with falls deepening after reports a vehicle had rammed a group of soldiers in Paris, injuring six.

Six of the S&P 500 sectors ended higher.

Trump told reporters further threats from North Korea would be "met with fire, fury and frankly power the likes of which this world has never seen before". They suggest the USA and China, a North Korean ally, could work together to de-escalate the situation.

"For a week that has been largely devoid of major economic releases, Donald Trump's confrontational stance with North Korea has raised volatility across the board".

Azarenka may miss US Open due to custody battle
Victoria Azarenka has withdrawn from the Western & Southern Open, which begins play this weekend. A judge ruled that Leo can not leave California during the custody hearings.

Nervous investors drove shares lower earlier in the week, after President Trump declared Tuesday that the US would react with "fire and fury" to further nuclear provocations from North Korea.

A spokesman for the Korean People's Army said in a statement it was "carefully examining" plans for a missile attack on the US Pacific territory of Guam, which has a large US military base.

Still, there were fewer signs of anxiousness in the markets Friday. This drove gold prices significantly higher in early trading. The Shanghai Composite added 0.08% and the Shenzhen Composite inched higher by 0.07%.

Data showed USA producer prices unexpectedly fell in July, recording their biggest drop in almost a year, while another set showed the number of Americans filing for unemployment benefits unexpectedly rose last week. But some economists say the Fed may stand pat for the rest of 2017 unless inflation accelerates in coming months.

The Dow fell for eight straight days back in March.

Investors spent much of the session digesting China inflation data for July, in which consumer prices rose 1.4% year-on-year during the month, just missing forecasts for 1.5%. Viacom slid 60 cents, or 1.9 percent, to $30.17.

Nevsun Resources Ltd offset some of the material group's gains, plunging 18.4 percent to C$2.685 after the company reported disappointing quarterly results.

PSG Move Won't Alter Neymar's Ballon D'Or Chances, Says Tite
Until now it was simply seen as impossible", Klopp told DAZN (via Goal ). "Then there is the list, with the release-clauses for Barcelona ".

Shares in several other big media companies also declined. The stock lost 78 cents to $3.93. Discovery Communications fell 70 cents, or 2.9 percent, to $23.60.

Benchmark U.S. crude fell 22 cents to $49.17 a barrel on the New York Mercantile Exchange. Brent crude, used to price worldwide oils, gave up 29 cents to $51.85 in London. Humana rose $4.74, or 1.9 percent, to $254.96. Natural gas gained 2 cents to $2.82 per 1,000 cubic feet.

He added that while current institutional allocations are at their lowest relative to historic levels, should they start re-allocating, "a big move in global gold prices will inevitably ensue".

The dollar was down 0.77 percent against the yen JPY= at 109.21 yen. We should also be aware of the risk of responding to geo-political shocks by selling assets: too often we find ourselves selling at the moment of highest fear, only to be out of the market as a rebound in stock market prices takes place as tensions wind down. Germany's DAX was flat, while France's CAC 40 fell 1.1 percent.

"The UK headline index has crashed to the lowest level since late June, in a week which has turned from mundane to insane".

The Dow fell more than 200 points, a almost 1% drop, and its biggest dip in three months.

KEYW Holding Corp. (KEYW)'s Trend Up, Especially After Today's Strong Session
Keyw Holding Corp (NASDAQ:KEYW) shares traded -10.35% down during most recent session to reach at the closing price of $7.62. This table compares Mastercard and The KEYW Holding Corporation's gross revenue , earnings per share (EPS) and valuation.



Other News

Trending Now

Army set to deploy Robots to fight miltinacy in Jammu and Kashmir
The Army made the request to the Ministry of Defence following an increase in the number of terrorists in the state. Such robotic weapons will help security forces in counter-insurgency as well as counter-terror operations.

NY Continues to Hold Position in Diplomat Pharmacy, Inc. (DPLO)
Huntington Bancorporation owns 1,828 shares or 0% of their United States portfolio. 237,062 are held by Ameriprise Financial Inc. It worsened, as 39 investors sold DPLO shares while 48 reduced holdings. 30 funds opened positions while 52 raised stakes.

APT28 Mounts Spy Campaign Using Hotel Networks
FireEye warns that publicly accessible Wi-Fi networks present a significant threat and "should be avoided when possible". It then spreads across networks via EternalBlue and spoofs pages the user brings up to collect usernames and passwords.

Virginia State Police helicopter crashes near Charlottesville, fatalities feared
State and local police were responding to a deadly three-car crash at a white nationalist rally earlier this afternoon. Virginia State Police posted on Facebook that a helicopter crashed, but didn't immediately say it was with the force.

Vin Diesel Announces Fast & Furious Live Tour
Chris Hughes and James Cooke-Priest, the minds behind the Top Gear live tour, are the organizers for the live show. Vin Diesel is updating his fans on the upcoming Fast & Furious live tour, which was announced earlier this year.

Man Accused of Beating Mom, Sister and Friend to Death With Hammer
Detectives say he then used that hammer to bludgeon his mother, his sister and two other women who were in the home at the time. Richard LeBrun of Nassau County Police, who held a news conference at the homicide scene shortly after 10 a.m.

Big-spending Guardiola leads chase of Chelsea
Chelsea , without European football, were able to run away with the title, as Leicester managed to do the season before. Here, we recap the first-team full-backs' form of last term, as well as taking a look at their exploits on tour.

Dow winning streak snapped as stocks drift lower
Spot gold was 0.1 percent lower at $1,276.78 an ounce after having spiked the previous day to a near two-month peak of $1,278.66. ENERGY: Benchmark U.S. crude added 28 cents to $49.45 per barrel in electronic trading on the New York Mercantile Exchange.

Pilot ejects as U.S. fighter jet crash lands
That base oversees some 20 USA and coalition naval vessels in the Gulf providing security and others running anti-piracy patrols. The F-18 took off from the USS Nimitz, a US Navy supercarrier now located in the Persian Gulf, according to Stars and Stripes.

Mourinho says Manchester United still in the market for a winger
The way I know him and the way he knows me. "I trust he is going to perform, so I think he is a fantastic signing". Matic, now 29 and standing an impressive 6ft 4in tall, wanted to join him in the Theatre of Dreams revolution.