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S&P falls 1.4 percent in safety flight on North Korea tensions

Reuters  |  NEW YORK 

By Kimberly ChinNEW YORK (Reuters) - The S&P 500 index had its biggest one-day drop in almost three months on Thursday as investors fled riskier assets, with technology stocks leading the charge, in response to an increasingly aggressive exchange of threats between the United States and North Korea.U.S. equities steepened their losses late in the session after President Donald Trump said his earlier warnings to North Korea may not have been tough enough. He also said the nuclear-armed nation should be "very, very nervous" if it even thinks about attacking the United States or its allies. ...

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First Published: Fri, August 11 2017. 02:15 IST