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As North Korean tensions simmer, here’s how stocks reacted to past crises

Stocks are often shocked into a quick decline when a major geopolitical event occurs, but the ability to recover has been very different. With the backdrop of rising tensions between North Korea and the U.S., Strategas Research studied the immediate and longer term impact on the S&P 500 from a …

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Trump on Twitter boasts about US nuclear arsenal after ‘fire and fury’ threat

Saul Loeb | AFP | Getty Images President Donald Trump speaks during a Make America Great Again Rally at Big Sandy Superstore Arena in Huntington, West Virginia, August 3, 2017. President Donald Trump touted the U.S. nuclear arsenal on Wednesday — but said he hopes he “will never have to …

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Salmon becomes world’s first genetically-modified animal to enter food supply

Aquabounty | Barrett & MacKay Photo 12-month old sisters. The larger salmon has the transgene. The smaller fish will eventually grow as large. AquaBounty Technologies in Maynard, Massachusetts, has said it’s sold about 5 tons of genetically-modified (GM) salmon fillets to unnamed customers in Canada. These fish can reportedly grow …

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Venezuela’s new assembly declares itself all-powerful

Ronaldo Schemidt | AFP | Getty Images Venezuelan president Nicolas Maduro celebrates the results of a referendum on a constitutional assembly in Caracas, Venezuela, on July 31, 2017. The new constitutional assembly assumed even more power in Venezuela by declaring itself as the superior body to all other governmental institutions, …

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Guam governor says North Korea’s talk of revenge is no threat

Tiffany Tompkins-Condie | McClatchy DC | TNS via Getty Images Guam Gov. Eddie Calvo meets with the group ‘Imagine Guam,’ a community panel to envision the island’s future in 50 years, after the U.S. military buildup is complete. Some in the group voiced concerns that American culture is overtaking the …

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A nuclear crisis is flaring in North Korea, and Chinese markets don’t seem to care

Denis Balibouse | Reuters Chinese President Xi Jinping watches during a gift handover ceremony at the United Nations European headquarters in Geneva, Switzerland, January 18, 2017. Broadly, however, investors are buoyed by better growth in China, and that’s been reflected in the numbers — the Shanghai Composite is up 5.3 …

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Trump warns Kim Jong Un, but US lacks good options

KCNA | Reuters North Korean leader Kim Jong Un inspects the intermediate-range ballistic missile Pukguksong-2’s launch test in this undated photo released by North Korea’s Korean Central News Agency, May 22, 2017. If Washington wished to avoid military action, it should stop “recklessly” provoking Pyongyang, a separate statement from another …

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ValueAct, Mason Morfit sells $500 million in Microsoft stock

Stephen Lam | Getty Images Satya Nadella, CEO of Microsoft Activist investor Morfit Mason and ValueAct sold about 7 million shares of Microsoft’s stock over the past week, according to regulatory filings released on Tuesday. The shares were sold at prices ranging from $72.50 apiece to $72.61 apiece, valuing the …

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US natural gas output will grow more than expected next year, says Dept of Energy

U.S. drillers will produce more natural gas next year than previously expected as exports rise and gas-fired plants generate more electricity, the Department of Energy reported on Tuesday. The department’s Energy Information Administration hiked its output forecast by 1.2 percent, or nearly 1 billion cubic feet per day, in its …

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Buy Netflix because its international subs will nearly double: Piper

Ethan Miller | Getty Images Reed Hastings, Netflix CEO Netflix is one of the market’s best performing stocks and one Wall Street firm says its shares will continue to surge due to more impressive growth in foreign markets. Piper Jaffray told its clients the company’s international subscriber base will nearly …

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