You are here: Home » Reuters » News
Business Standard

Wall Street higher but on track for deep weekly losses


By Sruthi Shankar and Tanya AgrawalREUTERS - U.S. stocks were modestly higher in late morning trading on Friday as investors cautiously dipped back into riskier assets, after a three-day losing streak on concerns over escalating tensions between the United States and North Korea. A weaker-than-expected July consumer price data also supported the recovery.Still, the S&P and the Dow were on track to post their biggest weekly loss in about five months and the Nasdaq on course to post its biggest weekly fall in about six weeks.In his latest warning to North Korea, U.S. President Donald Trump said ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Fri, August 11 2017. 20:54 IST