Gold buoyed by North Korea tensions, United States inflation data

Traders work on the floor of the New York Stock Exchange

Traders work on the floor of the New York Stock Exchange

The Dow Jones industrials average gained 14.31 points, or 0.1 percent, to 21,858.32.

The Labor Department said its consumer price index inched up by 0.1 percent in July after coming in unchanged in June.

The Nasdaq Composite lost 0.2 percent, to 6,370.46.

Gold on Thursday held steady near two-month highs hit the session before, bolstered by safe-haven demand triggered by rising tensions on the Korean peninsula. "And while risks remain elevated from a geopolitical perspective, valuations are not necessarily excessive, though full". And that helped limit the losses in Europe.

Read:Few investors are excited about stocks.

Police release CCTV of 83-year-old dog walker stabbed to death
A manhunt, involving more than 100 officers, was launched on Sunday after the post-mortem found he had died from "incised" wounds. Earlier, a witness reported seeing two elderly men arguing in woods close to where Mr Wrighton's body was found.

The U.S. dollar slipped to an eight-week low against the Japanese yen on Thursday as continuing tensions between the United States and North Korea led investors to look for assets viewed as less risky. North Korea said it was completing plans to fire four intermediate - range missiles over Japan to land near the U.S. Pacific island territory of Guam. They will be looking for further clues about interest rate hikes from the US Federal Reserve later this year.

The rhetoric, which began late Tuesday and continued into Friday, interrupted stocks' march higher and cracked the calm that has enveloped the market for months. Both the Nasdaq and the Russell are set for their third straight weekly decline.

Others believe North Korea has no intention of backing down.

The CBOE Volatility Index, a barometer of expected near-term stock market volatility, closed at its highest since the USA presidential election on Thursday, but was down 1.22 points at 14.82 points on Friday. As a result, the yield on the benchmark ten-year note, which moves opposite of its price, fell by 2.9 basis points to 2.212%.

European stocks opened sharply lower with Britain's FTSE 100 down 1.2 percent to 7,302.18.

NASA announces television coverage for August 21 solar eclipse
If the skies do not cooperate for us here, try a livestream of the eclipse from https://www. nasa .gov/eclipselive for example. They wrote, "It has been almost 100 years since a total eclipse has moved from coast to coast across the #United States".

On the earnings front, News Corp. Some say expectations for its server-chip business were just too high (http://www.marketwatch.com/story/nvidia-stock-could-pause-as-server-growth-slows-down-2017-08-10).

BIG GAINERS: Health care stocks were among the big gainers.

The possibility of war breaking out on the Korean Peninsula is "very low" and tensions between the US and North Korea will probably dip around September or October, according to Yang Moo-Jin, a professor at the University of North Korean Studies in Seoul.

If North Korea launches an attack that threatens the US, China should stay neutral, but if the US attacks first and tries to overthrow North Korea's government, China will stop them, a Chinese state-run newspaper has said.

"It's a clear case of "risk-off" sentiment lifting the yen, as investors focus on the latest developments with North Korea", said Kumiko Ishikawa, FX market analyst at Sony Financial Holdings in Tokyo. That weighed on bank shares, which were down the most.

Army Men Killed, 3 Injured In Jammu And Kashmir's Shopian Encounter
SSP Shopian told news agency GNS that the firing has stopped and searches have been launched to trace the bodies of militants. The Army quickly launched a search operation in the area but no arrests were made, the police sources said.

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