Wall Street Starts to Pay Attention to North Korea Tensions - NBC 7 San Diego
National & International News
The day’s top national and international news

Wall Street Starts to Pay Attention to North Korea Tensions

The VIX, or volatility index widely used as a proxy to gauge market fear, soared by 44 percent to its highest level since Trump was elected

    Winter Olympics PyeongChang 2018 Medal Count
    Country
    Total
    1
    Norway
    1111830
    2
    Germany
    117523
    3
    Canada
    95620
    processing...

    NEWSLETTERS

    Key Takeaways From President Trump's Aug. 10 Press Briefings

    President Trump made himself available twice Thursday to answer questions from the media, sounding off on a handful of hot button issues both foreign and domestic. Here is a roundup of where he stands on North Korea, his transgender military ban, Senate Majority Leader Mitch McConnell's leadership, the Iran nuclear agreement, the Russia investigation and President Vladimir Putin's decision to expel hundreds of diplomats and technical personnel. (Published Friday, Aug. 11, 2017)

    Wall Street reaction to threats between President Donald Trump and officials in North Korea was muted earlier in the week, but cracks are beginning to show, NBC News reported.

    The Dow saw its biggest dip since mid-May on Thursday, down 205 points, following similar drops in the Asian and European markets.

    The VIX, or volatility index widely used as a proxy to gauge market fear, soared by 44 percent to its highest level since Trump was elected. Still, some market observers downplayed the tensions as verbal bluster.

    Scott Wren, senior global equity strategist at the Wells Fargo Investment Institute, attributed this week’s downturn in the major indices mainly to economic indicators rather than geopolitical brinkmanship.

    Parkland Shooting Survivor Calls 'BS' on Politicians' Gun Stance

    [NATL] Parkland Shooting Survivor Calls 'BS' on Politicians' Gun Stance

    Marjory Stoneman Douglas High senior Emma Gonzalez had a message for president Donald Trump and for other politicians on their failure to enact sensible gun laws: "BS." Gonzalez was one of several survivors to speak at a rally held outside the Federal Courthouse in Fort Lauderdale, Florida, to speak out against the gun lobby.

    (Published Sunday, Feb. 18, 2018)

    Kent Boydston, a research analyst at the Peterson Institute for International Economics, said that "historically, there’s relatively little volatility when it comes to stock market and North Korean provocations.” But if North Korea were to launch missiles toward Guam or Hawaii "that would certainly be more of an escalation" that could potentially roil markets more.