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Global Markets - Trump's "fire and fury" warning hits stocks, lifts Swiss franc and gold

Reuters  |  LONDON 

By Nigel StephensonLONDON (Reuters) - President Donald Trump's warning North Korea faced "fire and fury" and Pyongyang's threat of possible retaliation drove investors out of stocks on Wednesday and into the safety of the yen, Swiss franc, gold and government debt.European shares slid, following falls in Asia and on Wall Street. U.S. stock index futures also fell, with the S&P 500 indicated to open down 0.5 percent.The Swiss franc, by contrast, was on track for its biggest single-day rise in more than 2 1/2 years."Trump's comments about North Korea have created nervousness and the fear is if ...

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First Published: Wed, August 09 2017. 16:00 IST
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