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,
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