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Expert Views: U.S. stocks extend fall on North Korea tensions, S&P down 1 percent

Reuters  |  NEW YORK 

NEW YORK (Reuters) - U.S. stocks fell sharply on Thursday, with the S&P falling 1 percent and the Nasdaq sliding 1.5 percent, hurt by investor nervousness over escalating tensions between the United States and North Korea and lackluster results from retailers Macy's and Kohl's.JIM STRUGGER, DERIVATIVES STRATEGIST, MKM PARTNERS, STAMFORD, CONNECTICUT"Overall options hedging activity today is certainly not indicative of panic. There is no way people are going to move swiftly, in this environment that we have had, to throw all sorts of capital at hedges and long volatility exposure. People have ...

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First Published: Thu, August 10 2017. 22:13 IST
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