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Wall Street falls as investors flee risk on North Korea concerns


By Kimberly Chin(Reuters) - The S&P 500 index was on track for its first daily drop of more than 1 percent in almost three months on Thursday as investors grew cautious over escalating tensions between the United States and North Korea. The loss of appetite for risk followed North Korea's claim it was completing plans to fire four intermediate-range missiles over Japan to land near the U.S. Pacific territory of Guam in an unusually detailed threat. U.S. President Donald Trump said on Thursday afternoon that his earlier warnings to North Korea may not have been tough enough. The three major ...

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First Published: Fri, August 11 2017. 01:24 IST