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North Korea talk drags stocks lower; gold, yen rise

Reuters  |  NEW YORK 

By Lewis Krauskopf and Rodrigo CamposNEW YORK (Reuters) - Stocks around the world fell sharply on Thursday and investors moved into the yen, gold and other safe-haven assets amid more aggressive talk between the United States and North Korea.The S&P 500 dropped the most since May and MSCI's gauge of stocks across the globe lost 1.1 percent in its third straight day of declines, as it pulled further back from all-time highs.The Japanese yen hit an eight-week high against the U.S. dollar, and U.S.-traded Nikkei stock futures dropped 2 percent to their lowest since mid May. Spot gold reached a ...

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First Published: Fri, August 11 2017. 04:38 IST
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