Stock markets extend losses at open

Stock markets extend losses at open

Stock markets extend losses at open

The FTSE 100 slipped by50 points, to 7,394, after having fell by 44 points on Wednesday and 108 points yesterday.

London's FTSE 100 dipped by about 90 points, or more than 1%, in morning trading on Friday, adding to a slump of more than 100 points the day before and taking it to its lowest level since May.

'The tension between the U.S. and North Korea is still dominating the news and it is looming over the financial markets.

The VIX, a measure created to track stock market fear, has jumped from its lowest level in 24 years to hit a level not seen since April this year, climbing 45% in a single day, marking its eighth largest one-day jump in history.

Blue Whale Challenge: What Is It in 6 Points
The game was created by Philipp Budeikin, a Russian, who admitted that he had convinced about 16 girls to end their lives. The kid was trying to jump off the third floor but was saved after intervention from his friends and teachers.

Money moved to the relatively safer bond markets after President Donald Trump threatened North Korea on Tuesday with "fire and fury like the world has never seen".

Early indications from US equity futures suggest a second session of declines on Wall Street after each of the three major indices fell sharply into the close of trading Tuesday after Trump addressed the North Korea with reporters at his golf resort in Bedminster, New Jersey.

"The market's dent only lasted for a week in April when tension rose between them after North Korea launched a missile".

Korea's Kospi stock benchmark lost 1.1% as geopolitical concerns grew, clipping its year-to-date gain to 16.9%. "With earnings season nearly over, worry over North Korea may have ignited a well-overdue period of greater market volatility".

Evolent Health, Inc (NYSE:EVH) Receives $30.10 Average PT from Analysts
Also, insider Tpg Growth Ii Advisors, Inc. sold 4,279,325 shares of the company's stock in a transaction on Wednesday, June 28th. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of Evolent Health by 286.7% in the first quarter.

Mike van Dulken, head of research at Accendo Markets, said, "The negative European open comes as U.S". The SMI benchmark in Zurich was the biggest decliner in the region, falling 1.3% in the opening hour of trading as investors sought safety in the Swiss franc, which rose 1.12% against the euro and pushed the value of stocks which earn the bulk of their revenues in US dollars lower.

Back on the Stoxx 600, shares of gold miners Fresnillo PLC (FRES.LN) and Polymetal International PLC (POLY.LN) leapt 4.9% and 3.3%.

The euro fetched $1.1748, not far off from $1.1752 late Wednesday in NY.

N.Korea fears wipe $23b from ASX
Earlier, the dollar slipped as low as 108.91 yen, its weakest level since June 14, when the greenback fell as low as 108.81 yen. The remarks, following North Korea's earlier revelation of a plan to launch a salvo of ballistic missiles toward the U.S.

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