Korean shares open lower amid escalating tensions over N. Korea

Asian shares and US stock futures slipped while US Treasuries gold and the safe-haven yen rose in early Asian trading on Wednesday after tensions on the Korean peninsula escalated

Korean shares open lower amid escalating tensions over N. Korea

The move added to escalating U.S.

Stocks plunged, while US Treasuries and gold climbed, as US President Donald Trump's latest comments further inflamed tension with North Korea.

The Dow Jones Industrial Average fell 0.9 percent to end at 21,844.01, the only close below 22,000 since breaking through that level for the first time August 2. The Nasdaq composite lost 76 points, or 1.2 percent, to 6,275.

USA stocks moved lower in morning trading Wednesday as traders weighed the growing tensions between the US and North Korea.

Lai Mohammed, Femi Adesina and others visit Buhari in London
He said there is tremendous improvement in his health and that he wishes to return home. I have now learnt to obey orders, rather than be obeyed", the president reportedly said.

On Thursday, in response to North Korea's threat to fire missiles at American targets in the Pacific, President Trump said that if Pyongyang "does something in Guam, it will be an event the likes of which nobody has seen before - what will happen in North Korea".

"Since these are the stocks that have been in the spotlight the most, they tend to have the most volatility upwards and downwards", said Chris Bertelsen, chief investment officer of Aviance Capital Management in Sarasota, Florida. "As long as it doesn't go beyond just a war of words, this is going to be short-lived". The stock fell $169 to $1,879.98. Nvidia fell $4.73, or 2.7 percent, to $167.38. Bank of New York Mellon fell $1.74, or 3.2 percent, to $52.30, while Citizens Financial Group slid $1.11, or 3.2 percent, to $33.92.

Disappointing quarterly results from big department store chains also weighed down the market.

TECH SLIDE: Losses among technology stocks led the market slide. Its shares tumbled $11.35 to $61.99.

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Pep Guardiola has spent over £200m to bring in players including defenders Benjamin Mendy and Kyle Walker and goalkeeper Ederson . But the hosts were delivered a lesson in the Premier League's ruthlessness with 20 minutes to go as City finally went ahead.

The Dow slid as declines in Apple and Goldman Sachs, down 2.3% and 1.7% respectively, outweighed gains in McDonald's and Coca-Cola, up 1.4% and 0.5% respectively.

UNDERCOOKED: Blue Apron slumped 18.2 percent after the meal kit seller reported a sequential decline in customers in the second quarter due to a planned reduction in marketing. Rival TripAdvisor also slumped after its latest quarterly report showed that online and transaction revenue growth fell sharply. On the Nasdaq, 1,462 issues rose and 1,227 fell. The Producer Price Index (or PPI) fell 0.10%, while the market had forecast a rise of 0.10%.

Other markets: Oil turned lower after the International Energy Agency said oil supply rose for a third month as compliance with an OPEC output deal faltered but prices have rebounded (http://www.marketwatch.com/story/oil-prices-head-lower-as-global-tensions-continue-unabated-2017-08-11) to edge up.

OIL: Benchmark U.S. crude added 21 cents to $49.38 a barrel on the New York Mercantile Exchange. Brent crude, the worldwide standard, lost 23 cents to $52.14 a barrel in London. Biotech companies Celgene and Amgen lost 3.8 percent and 2.6 percent, respectively. Silver gained 20 cents, or 1.2 percent, to $17.07 an ounce. The euro slid to $1.1732 from $1.1752. Major indexes in Asia closed lower. Germany's DAX Index fell 0.6%, the UK's FTSE 100 Index retreated 1.2% and France's CAC 40 Index slid 1.4%. The Russell 2000 index gave up 24.40 points, or 1.7 percent, to 1,372.54. Earlier in Asia, Japan's benchmark Nikkei 225 slipped less than 0.1 percent, while Hong Kong's Hang Seng slid 1.1 percent.

Hunter fells rogue elephant that killed 15 people in India
Attacks by wild elephants are common in India , and government reports say more than 300 people are killed each year by them. Roughly 200 forest officials and villagers assisted in the hunt, but only Khan was allowed to shoot the elephant.

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