European Stocks Slide But Wall Street Futures Steady Amid North Korea Concern

Asian shares were mostly lower Monday on investor jitters shaken up by a North Korean nuclear test over the weekend that raised fears about risks to regional stability. Lee Jin-man  AP

The U.S. dollar was on course for its biggest daily percentage decline against the safe-haven yen in more than three months on Tuesday on concern about North Korea's largest nuclear test and a Federal Reserve official's comments about low U.S. inflation.

US stocks declined in early trading Tuesday, Sept. 5, 2017, as investors returned from the Labor Day holiday weekend.

The CBOE Volatility index, the most widely followed barometer of expected near-term stock market volatility, rose 2.10 points to 12.23. Australia's S&P/ASX 200 fell 0.6 percent to 5,675.10.

Ezekiel Elliott Admits to Drug Use In College During NFL Appeal
If Mazzant grants the request for a temporary restraining order, Elliott would remain eligible to play while his case is pending. A decision on the restraining order is expected by Friday at 5 p.m., according to court notes from the country clerk.

Banks and technology companies fell more than the rest of the market Tuesday. Financials were the worst-performing sector, dropping 2.2 per cent for their biggest one-day fall since mid-May as US Treasury yields dropped sharply.

North Korea on Sunday conducted its sixth nuclear test, which it said was of an advanced hydrogen bomb for a long-range missile, marking a dramatic escalation of the regime's stand-off with the USA and its allies. U.S. President Donald Trump has vowed economic action against Pyongyang.

The wider S&P 500 index dropped 7.30 points to 2,469.25 while the Nasdaq slid 22.72 points to 6,412.61.

Trump agree with South Korea Moon on revising bilateral missile treaty
Park said the two leaders reaffirmed the need to bring Pyongyang back to dialogue by applying maximum sanctions and pressure. The North regularly threatens to destroy the South and its main ally, the United States.

Investors' nerves yesterday also may have been heightened by news of a powerful storm heading to the southern United States closely on the heels of devastation in Texas from Hurricane Harvey. The Nasdaq composite dropped 39 points, or 0.6 percent, to 6,396.

The Dow Jones industrial average gave up 143 points, or 0.7 percent, to 21,844. September is a historically hard period for Wall Street, with the S&P 500 and Dow Jones averaging sizable losses during the month. The contract gained $1.37, or 2.9 percent, to settle at $48.66 a barrel on Tuesday.

In early Asian trade Wednesday, the dollar bought 108.57 yen, down from 108.79 yen in NY late Tuesday.

Kenyatta urges for calm after Supreme Court ruling
Judge David Maranga, announcing the verdict, said: "The declaration [of Kenyatta's win] is invalid, null and void ". The court ruled 4-2 in Odinga's favor, saying the electoral commission committed "illegalities and irregularities".

Airplane parts supplier Rockwell Collins rose 1.0 percent following the announcement it agreed to be bought by conglomerate United Technologies for $30 billion.

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