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Wall Street to open flat on rising U.S. yields, North Korea worries

Reuters 

By Medha Singh(Reuters) - Wall Street was set to open little changed on Wednesday as investors assessed the impact of a surge in bond yields, while growing doubts about the U.S.-North Korea summit also weighed.North Korea threw next month's summit between Kim Jong Un and President Donald Trump into doubt, threatening weeks of diplomatic progress by saying it may reconsider if Washington insists it unilaterally gives up its nuclear weapons.The country's threat to cancel the June 12 summit in Singapore adds to the jitters in the market, which is already dealing with China-U.S. trade tensions ...

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First Published: Wed, May 16 2018. 18:43 IST
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