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U.S. Stock Futures Ease Back After North Korea H-bomb Threat -- MarketWatch

22 Sep 2017 5:06 am

U.S. stock futures pointed to opening losses for Wall Street on Friday, after North Korea reportedly threatened to test a hydrogen bomb (http://www.marketwatch.com/story/yen-rises-as-north-korea-says-it-may-test-nuclear-bomb-in-pacific-2017-09-21) over the Pacific Ocean. Speaking in New York at a United Nations meeting, North Korea's foreign minister Ri Yong Ho said late Thursday his country might consider a nuclear test of "unprecedented scale" in the Pacific. Dow Jones Industrial Average futures slid 61 points, or 0.3%, to 22,271, while S&P 500 futures lost 7.1 points, or 0.3%, to 2,493.75. Nasdaq 100 futures fell 27 points, or 0.5%, to 5,918.50. The losses were in line with weaker Asian markets, where the South Korean Kospi index fell 0.7%. Gold , an asset that grows attractive in times of geopolitical tension, pushed back above the $1,300-an-ounce level, gaining $6.80, while the Japanese yen, another haven asset, surged against the dollar to Yen111.76 from Yen112.47 in late North American trade on Thursday. U.S. stocks retreated from record levels on Thursday (http://www.marketwatch.com/story/us-stocks-poised-for-pullback-after-fed-pushes-sp-dow-to-record-highs-2017-09-21) as the Dow industrials snapped a nine-day winning streak.

-Barbara Kollmeyer
 For more from MarketWatch: http://www.marketwatch.com/newsviewer 

(END) Dow Jones Newswires

September 22, 2017 01:06 ET (05:06 GMT)

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