U.S. stock market indexes opened in the red with more tensions from North Korea as a diplomatic representative said today the country has the right to shoot down any bomber that crosses its territory.
The Dow Jones Industrial Average lost 29.12 points to  open at 22,320.47.The Standard & Poor’s 500 index declined 2.83 points to open at 2,499.39 and the Nasdaq 100 index slipped 28.26 points to 5,904.06. Visa Inc. (V, Financial) and Microsoft Corp. (MSFT, Financial) are leading losses, down around 2%. The dollar index is down 0.23% to 92.23, while the U.S. 10-year bond yields 2.241% and the German 10-year bond yields 0.418%.
European stocks fell as Angela Merkel secured a fourth term as chancellor of Germany despite the rise of the extreme right. The reaction was greater in the currency market. The euro fell as a coalition government in Germany could generate difficulties in further integration into the eurozone.
Gainers
- Genuine Parts Co. (GPC, Financial)
- CenturyLink Inc. (CTL, Financial)
- Ross Stores Inc. (ROST, Financial)
- Foot Locker Inc. (FL, Financial)
Losers
- TripAdvisor Inc. (TRIP, Financial)
- Quest Diagnostics Inc. (DGX, Financial)
- Total System Services Inc. (TSS, Financial)
- Netflix Inc. (NFLX, Financial)
Global markets
The main European stock markets traded mostly lower.The FTSE 100 and France's CAC 40 were down 0.13% and 0.27%. The IBEX 35 closed down about 0.8%. Germany's DAX was up 0.02%.
In Asia, Hong Kong’s Hang Seng Index, China’s Shanghai Composite Index and India’s BSE Sensex were down 1.36%, 0.33% and 0.93% respectively. Japan’s Nikkei 225 was up 0.5%.
Disclosure: The author holds no positions in any stocks mentioned.
