Wall Street ends lower after Trump's warnings to North Korea

Economies.com
2017-08-08 21:02PM UTC

US stock indices closed lower on Tuesday after erasing the gains made earlier this session, with Both Dow Jones and S&P 500 setting fresh record highs, after US president Donald Trump vowed to respond strongly to any threats by North Korea. 

 

The second-quarter earnings season carries on as well for major American banks and corporations, following earlier data that showed record job openings in June, while the payrolls report last Friday surprised markets on the upside. 

 

Dow Jones shed 0.15%, or 33.08 points to 22,085.34, while Standard and Poor's 500 shed 0.24%, or 5.99 points to 2,474.92. NASDAQ Composite declined 0.21%, or 13.31 points to 6,370.46. 

 

Gold futures due on December 16 rose 0.09% to $1,265.90 an ounce from the opening of $1,267.10, while the dollar index advanced 0.17% to 93.59 from the opening of 93.43. 

 

Otherwise, US crude futures due on September 15 slid 0.65% to $49.07 a barrel from the opening of $49.39, while Brent crude futures due on October 15 tumbled 0.73% to $51.99 a barrel from the opening of $52.37. 

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