United States Stocks Stay High Despite US-North Korea Spat


This news item was originally published here.

North Korea stated it was thinking about a rocket strike on the United States military base in Guam after United States President Donald Trump threatened Pyongyang with “fire and fury”.

The Dow Jones fell 0.17% to 22,048.7 and the broader S&P 500 index dipped 0.04% to 2,474.02.

The Nasdaq lost 0.28% to 6,352.3.

Mr. Trump on Wednesday required to Twitter to boast about the United States nuclear toolbox, while Secretary of State Rex Tillerson attempted to inject calm into the circumstance, assuring the American public that there was no impending danger.

While stocks opened lower, they stemmed losses as the day went on, staying near the record highs where they have traded for weeks.

Walt Disney weighed on the marketplace. Its shares fell nearly 4% after the company stated it would buy the launch of its own ESPN- and Disney-branded online streaming websites and end a circulation handle Netflix in 2019.

Netflix fell by about 1.5%.