Trump on North Korea; Google scandal; Trouble at Snap


Simmering tensions between the USA and North Korea have come back to the boil in recent days after Pyongyang disclosed plans to fire missiles over Japan to land near America's Pacific territory of Guam.

The Dow Jones Industrial Average fell 0.17% and closed at 22,048.70.

ASIA'S DAY: Earlier, Asia bore the brunt of the mounting geopolitical uncertainty, with South Korea's Kospi index closing down 1.7 percent at 2,319.71 and Hong Kong's Hang Seng ending 2 percent lower at 26,883.51. The Nasdaq Composite dropped 40.64 points, or 0.64 percent, to 6,311.70.

Trump said that further threats would be met with "fire and fury like the world has never seen".

Increased geopolitical concerns between the USA and North Korea limited the S&P 500's upward movement. The S&P 500 and Dow were both coming off record highs.

On the currency markets, the pound slipped 0.1% against the dollar to $1.2968 but rose 0.1% against the euro to 1.1034 euros.

Volatility jumped and the pan-European STOXX 600 .STOXX fell 1.1 percent, taking weekly losses to 2.8 percent, its worst since early November 2016.

Investors instead turned to safe-haven assets such as gold, pushing it to a two-month high, and the Japanese yen rose. The slide deepened after Trump's remarks on North Korea aired.

Everton vs Stoke City: Injury Report
Everton's last four Premier League campaigns have all started with a draw, with three of those ending 2-2. Stoke's only Premier League opening day victory came in 2009, seeing off newly promoted Burnley (D3 L5).

Arsène Wenger praises match-winner Olivier Giroud for staying at Arsenal
Wenger also stated that lack of focus on the part of his defenders cost Arsenal the first two goals they conceded. Just a few minutes later, he would net the goal that would secure the win for Arsenal to start the season.

'Brangelina' still sailing through! Angelina Jolie calls off divorce from Brad Pitt
Fed up with the War Machine star after years of fighting, claims one insider, she set out to paint him as a villain. Meanwhile, Brad Pitt also shared some things about his alcohol addiction during his interview with GQ Style.

LOOKING GOOD: Michael Kors climbed 21.9% to $45.40 after the luxury handbag and apparel designer and retailer posted quarterly results that beat analysts' forecasts as sales improved.

In a note to investors, Paul Christopher, head global market strategist, and Tracie McMillion, head of global asset allocation, suggest, "the threat of a nuclear weapon is certainly more serious than previous threats, but that threat also may increase the probability of a diplomatic solution".

US crude oil futures settled almost 2 percent lower at $48.59 a barrel, as Russian Federation considered a future output resumption and the Organization of the Petroleum Exporting Countries boosted its July production numbers.

The September crude contract was up 20 cents to US$49.76 per barrel and the September natural gas contract was up seven cents to US$2.95 per mmBTU.

USA trading volume has been low with summer setting in and Congress expected to be in recess until September 5. On the Nasdaq, 1,846 issues fell and 953 advanced favoring decliners.

Meanwhile, shares of Kraft Heinz rose as the U.S. food and beverage company, which has struggled with flagging sales, and Oprah Winfrey announced a new line of "four "flavourful soups and four savoury sides" under the name O, That's Good! as part of a previously-announced partnership between the two".

The pound was up 0.3% against the euro at 1.1091 and down nearly 0.1% on the dollar at 1.2994.

Ongoing global glut concerns lingered in oil markets despite a bigger-than-expected draw in US crude inventories, leaving prices volatile.