You are here: Home » Reuters » News
Business Standard

Wall Street lower as investors weigh rising North Korea tensions


By Tanya AgrawalREUTERS - U.S. stocks were lower on Wednesday afternoon as investors rushed to safe-haven assets after President Donald Trump's "fire and fury" warning to North Korea escalated tensions with the nuclear-armed nation.North Korea said it was considering plans to fire missiles at Guam, a U.S.-held Pacific island, after President Trump's warning on Tuesday.Trump followed his warning with a tweet on Wednesday about the strength of the American nuclear arsenal, but expressed hope it would not need to be used.Safe-haven assets gained following the rising geopolitical tensions. Gold ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Wed, August 09 2017. 22:47 IST