North Korea Tensions Hit Global Stock Markets

US B-1B Bombers Fly over Korean Peninsula Again

Meanwhile, markets in Japan, South Korea and other Asian countries were also lower, and so-called futures signaled that US markets would also open down.

The declines accelerated slightly in the last half-hour of trading as President Donald Trump denounced North Korea's nuclear program.

Ahead of the opening bell, futures for the Dow Jones Industrials capsized 44 points, or 0.2%, to 21,986.

But even faced with the possibility of military action by Kim Jong-un's police state, Wall Street still suggests a buy-and-hold strategy. Hence the relatively small 7 bp fall in UST 10 year yield, and the restrained increase in the price of gold.

The large-cap S&P 500 Index (NYSEARCA:SPY) edged down 0.1% to close at 2,479.93, with nine of 11 sectors finishing in the red.

The technology-focused Nasdaq Composite Index (NYSEARCA:QQQ) reversed course to finish down 0.2% at 6,370.46.

The 10-day Dow winning streak that ended was the second double-digit string of up days this year - the first time that has happened since 1959. The mood then hit Europe, where Frankfurt's DAX dropped 1.1% and the CAC-40 in Paris fell 1.4%.

Trump Won't Declare State of Emergency Over Opioid Crisis
The group was charged with studying "ways to combat and treat the scourge of drug abuse, addiction, and the opioid crisis". Earlier this month, the Commission issued its draft interim report ahead of the release of a final report later this year.

Auto hits soldiers outside Paris, at least six injured
Levallois-Perret is about 3 miles from city center landmarks such as the Eiffel Tower and the Elysee Presidential Palace. Prime Minister Edouard Philippe confirmed that the person arrested is the same man who carried out the attack.

EC declares votes of 2 Congress MLAs who had cross-voted invalid
A candidate in the current polls needs to garner 45 votes for a straight win. "Congress hadn't been listening to us for a year". The MLAs were moved to a private resort near Bengaluru on July 29 following the resignation of six Congress legislators.

IN A SKID: Avis Budget Group slumped 6.8 percent after the vehicle rental company cut its guidance following a weak second quarter.

CURRENCIES: The euro was down 0.1 percent at $1.175 while the dollar fell 0.6 percent to 109.68 yen.

OIL: Benchmark U.S. crude fell 35 cents to $49.04 a barrel on the New York Mercantile Exchange. Brent crude, the global futures benchmark, declined 38 cents, or 0.7%, to $51.99 a barrel.

Top military brass and President Trump are being sued by five US military members that want to keep Trump's transgender ban from becoming a reality - "in any capacity". Brent crude, used to price worldwide oils, gave up 29 cents to $51.85 in London. In Asia, markets were mostly lower after disappointing Chinese trade data.

Disney dropped 5.2 percent as it reported flat third-quarter revenues due in part to weakness in its cable subscription business.

Martin van Vliet, a senior rates strategist at ING, said the market move in German bonds was exacerbated by speculative bets on futures derivative contracts, rather than actual trading in the underlying assets. South Korea's Kospi fell 0.2 percent.

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