Stocks went down, yen profits after North Korea fires missile over Japan
(MENAFN) While the yen rose to four-month highs against the dollar after North Korea fired a missile over northern Japan, U.S. stock futures and Asian share markets flounder on Tuesday, fuelling concerns of fresh tension between Washington and Pyongyang.
Cho Byung-hyun, a stock analyst at Yuanta Securities in Seoul Cho Byung-hyun, a stock analyst at Yuanta Securities in Seoul said, "All sectors are tumbling, which clearly shows that North Korea risks are the reasons behind it."
S&P tiny futures ESc1 fell as much as 0.85 percent on the news before scotch losses to trade 0.55 percent down.
O that, the index was little changed as operators tried to assess the fallout from Tropical Storm Harvey On Monday,
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.