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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 yen, Swiss franc, gold and government debt.U.S. stock index futures fell, with the S&P 500 indicated to open down 0.4 percent after share prices fell in Europe and Asia.The Swiss franc, by contrast, was on track for its biggest single-day rise against the euro in more than 2 1/2 years."Trump's comments about North Korea have created nervousness and the fear is if the President really ...

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First Published: Wed, August 09 2017. 18:00 IST
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