Wall Street finished a hard week on a high note

Wall Street finished a hard week on a high note

Wall Street finished a hard week on a high note

Tensions between the US and North Korea continued to simmer early Friday.

"As a portfolio manager, you say, 'Do I think we'll get a war out of this?'" said Torsten Slok, chief global economist at Deutsche Bank, referring to the back and forth between North Korea and President Donald Trump.

The three major US indices have sold off this week amid investors' jitters after Trump said on Tuesday that threats from Pyongyang would be "met with fire and fury like the world has never seen". The stock fell $3.30 to $30.09.

While the data gave investors appetite for growth sectors such as information technology and biotechnology it soured them to rate-sensitive stocks such as banks, said Keith Lerner, Chief Market Strategist, SunTrust Advisory services in Atlanta. Heating oil fell 1 cent to $1.63 a gallon. The Nasdaq composite gained 39 points, or 0.6 percent, to 6,255.

Weakness in U.S. Treasury yields may also be supporting the yen, Sweeting said.

Spot gold added 0.1 percent to $1,261.71 an ounce, pulling away from the previous session's two-week lows.

Mining heavyweights BHP Billiton and Rio Tinto retreated 2-3 percent, while gold miners Evolution and Newcrest rose about 2 percent each. In a tweet, President Donald Trump warned of military action "should North Korea act unwisely", noting that the U.S.is "locked and loaded".

Canada's main stock index turned slightly higher in early trade on Wednesday, as gains for gold miners and energy companies with higher commodity prices offset falls among financials. Netflix also fell, giving up $3.37, or 1.9 percent, to $174.99.

The market volatility - the VIX index, nicknamed " the fear index, had been dashed the night before - remained high compared to the evolution since the beginning of the year.

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A firm and clear response, which means that it won't see more than a few seconds of coverage in the press. A Department of Defense spokesperson said, "The Pentagon has received no orders as of yet".

SALES SLUMP: J.C. Penney sank 18.9 percent after the struggling department store chain reported quarterly results that fell short of Wall Street's expectations. The stock lost $2.80 to $9.04.

MARKETS OVERSEAS: Major indexes in Europe were mixed.

OIL: Benchmark U.S. crude lost 24 cents to $48.37 per barrel on the on the New York Mercantile Exchange while Brent crude, used to price worldwide oils, declined 20 cents to $51.70 per barrel in London.

US crude rose 1.08 percent to $49.70 per barrel and Brent was last at $52.78, up 1.23 percent on the day.

The dollar last changed hands at 108.96 yen, down 0.2 percent.

The benchmark USA yield on Thursday was just above 2.2%, at its lowest level since late June, as investors bought up Treasuries, a classic safe harbour. The u.s. central bank, one of whose tasks is to contain the price rise, does not therefore appear to be obliged to accelerate the pace of the slow tightening of monetary that it has committed. The FTSE 100 index of leading British shares was 0.6 percent lower. South Korea's Kospi lost 1.7 percent, while Hong Kong's Hang Seng slid 2 percent.

The last time the S&P closed down more than 1 percent was May 17.

In Europe, the pan-continental STOXX 600 index fell 0.9 per cent, with falls deepening after a auto rammed a group of soldiers in Paris, injuring six, in what officials said was a suspected terrorist attack. The euro slid to $1.1752 from $1.1793.

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