News That Matters

Tag: tension

Global markets slip amid North Korea tension

Global markets slip amid North Korea tension

Business
US stocks joined the downward trend after investors were left rattled by President Donald Trump's "fire and fury" warning to North Korea.Mr Trump's words came overnight on Tuesday, UK time, in an escalation of tensions between the two countries.The Dow ended a nine-day streak of closing records, falling by 0.24%, while the Nasdaq fell by just under half a percent and the S&P was down by 0.21%.JJ Kinahan, chief strategist at TD Ameritrade, said geopolitics had "splashed cold water on the markets".He added: "There's uncertainty and caution as investors nervously eye the next foreign policy moves.":: N Korea risks 'destruction' - US defence chiefIn the UK, the FTSE 100 closed down 0.59%, or 44.67 points, at 7498, broadly in line with negative trends in European markets.The pan-European ST...