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Wall Street swings lower on Trump's warning against North Korea

Wall Street swings lower on Trump's warning against North Korea

US stocks felt significant early drag, with the S&P 500 down 0.5% at the open.

Shares of Walt Disney were down 4.23 percent, the biggest drag on Dow, as investors doubted whether the company can succeed with its plan to launch its own streaming services rather than rely on Netflix to reach online viewers.

With Japan and South Korea also warning North Korea, investors are taking a step back to see what is happening before chipping in back, Bakhos said.

Guam is used to the threats from North Korea but advances in the country's nuclear program paired with fiery rhetoric from President Donald Trump has raised the already high animosity and heightened worries that a miscalculation might spark conflict between the nuclear-armed nations. Nevertheless, APRN is down 12.7% in pre-market trading, headed for a record low.

Residents of the tiny Pacific island of Guam say they're afraid of being caught in the middle of escalating tensions between the US and North Korea after Pyongyang announced it was examining plans for attacking the strategically important USA territory.

It was reported Tuesday the US intelligence community believes North Korea has developed mini nuclear warheads that can be fitted into ICBMs.

Meanwhile, gold stocks are bucking the downtrend, driving the NYSE Arca Gold Bugs Index up by 1.2 percent.

On Wednesday, the Dow closed down 0.2% at 22,048.70, the S&P 500 closed less than 0.1% lower at 2,474.02, and the Nasdaq Composite Index dropped 0.3% to 6,352.33.

However, shares of Dean Foods tumbled 20% to $US11.96 after the United States dairy processor posted quarterly results that fell short of expectations and downgraded its full-year forecast amid "a challenging and rapidly evolving retail environment".

Gylfi Sigurdsson would leave Swansea with heavy heart - Brendan Rodgers
Koeman also said that his midfielder Ross Barkley , who has turned down a new contract and has been linked with a move to Tottenham Hotspur , is back in training. "Soon is okay.

TIME OUT: Fossil tumbled 20.8 percent after the watch maker said sales continued to weaken, falling short of analysts' estimates.

Travel website operator Priceline fell 7.26 percent, weighing the most on the S&P and the Nasdaq, following a disappointing forecast. However, strength in the Health Care and Materials sectors limited the losses. Humana rose $3.41, or 1.4 percent, to $253.63. Core prices had been expected to rise by 0.2 percent. With the drop, the index has slid to a one-month intraday low.

First, a wave of selling doused Asia's markets - sending Tokyo's Nikkei 225 down 1.3% and pressuring South Korea's Kospi Index to a 1.1% decline. While the French CAC 40 Index fell by 0.6 percent, the German DAX Index slumped by 1.1 percent and the U.K.'s FTSE 100 Index plunged by 1.4 percent. The yield on the 10-year Treasury note fell to 2.23 percent from 2.26 percent late Tuesday. Gold hit a two-month high of $1,278 an ounce amid the nervousness.

Earlier in the day, the Dow had climbed to a record intraday high of 22,179.11.

In currency markets, the Canadian dollar was trading at an average price of 78.71 cents USA, down 0.20 of a USA cent.

CURRENCY: The dollar declined to 109.79 yen from Tuesday's 110.34 yen.

Asian markets continued to fall on Thursday (http://www.marketwatch.com/story/asian-markets-continue-to-fall-after-wednesdays-selloff-2017-08-09), with losses of over 1% for the Hong Kong Hang Seng Index.

Separately, U.S. producer prices unexpectedly fell in July, recording their biggest drop in almost a year, weighed down by declining costs for services and energy products.