Wall St record highs stumble on flare-up of North Korea tension

Original article by Karen Maley
The Australian Financial Review – Page: 28 : 10-Aug-17

US share price indices have retreated and the Chicago Board Options Exchange’s volatility index has risen by more than 10 per cent in response to the latest war of words between President Donald Trump and North Korea’s Kim Jong-Un. However, some analysts had previously warned that the low level of the VIX suggested that financial market risk may be set to increase, and DoubleLine Capital’s Jeff Gundlach recently said that market indicators point to a rise in bond yields.

CORPORATES
DOW JONES INDUSTRIAL AVERAGE INDEX, STANDARD AND POOR’S 500 INDEX, CHICAGO BOARD OPTIONS EXCHANGE VOLATILITY INDEX, DOUBLELINE CAPITAL LP, UNITED STATES. EXECUTIVE OFFICE OF THE PRESIDENT, UNITED NATIONS. SECURITY COUNCIL

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