Dow streak of records ends amid US-North Korea tensions

Men walk past an electronic stock board showing Japan’s Nikkei 225 index at a securities firm in Tokyo Thursday Aug. 10 2017. Asian stocks were mostly lower in Thursday trading as investors began to digest worries over the escalating tensions caused

Bordallo was critical of President Donald Trump's vow Tuesday to answer North Korea "with fire and fury like the world has never seen" if Pyongyang continues to threaten the U.S. She urged Trump to work with the worldwide community to de-escalate tensions. "The DPRK should cease any consideration of actions that would lead to the end of its regime and the destruction of its people", he added.

Later, investors began selling risky assets and moving the money into safe haven assets like the Japanese Yen and gold.

"It's awesome when you consider the headlines just how calm the equity markets are, how they've taken things in their stride", said Ryan Detrick, senior market strategist at LPL Financial in Charlotte, North Carolina. Gold rose as much as 1.2 percent to a near two-month high, while the Swiss franc was on track to post its biggest single day rise in about two-and-a-half years. He says Trump want to "avoid any miscalculation" by Pyongyang.

On Tuesday, U.S. President Donald Trump threatened to unleash "fire and fury" if the communist nation continues to threaten his country.

On Twitter Wednesday, Trump said he had pushed to "renovate and modernize our nuclear arsenal". "It is now far stronger and more powerful than ever before", Trump tweeted.

Traditional safe-haven currencies including the Swiss franc and Japanese yen rose against the US dollar.

U.S. Secretary of State Rex Tillerson sought to play down the rhetoric.

North Korea said it was "carefully examining" a plan to strike Guam, which is home to about 163,000 people and a USA military base that includes a submarine squadron, an airbase and a Coast Guard group.

Women walk past an electronic stock board showing indexes of Japan’s Nikkei 225 top right and other countries at a securities firm in Tokyo Thursday Aug. 10 2017. Asian stocks were mostly lower in Thursday trading as investors began to digest worri

Guam Governor Eddie Calvo dismissed the threat and said the island was prepared for "any eventuality" with strategically placed defences.

A nuclear expert who has repeatedly visited North Korea's nuclear facilities says he doubts the country is yet capable of attacking the USA territory of Guam with medium- to long-range missiles.

Ray also says Pyongyang "must comply without delay fully and unconditionally with its obligations" under U.N. Security Council resolutions. He said that while the USA is pursuing diplomatic solutions, the combined military power of America and its allies is the most robust on Earth.

"We've seen this play before, and it usually plays out where it just goes back to the status quo", Jacobsen said.

Elected officials in Guam are reassuring constituents that the US territory is safe following North Korea's claim that it is examining its plan for "making an enveloping fire" around the strategically important Pacific island. "They will be met with fire and fury like the world has never seen", Trump said on Tuesday.

"Make no mistake: North Korea is a real threat, but the President's unhinged reaction suggests he might consider using American nuclear weapons in response to a nasty comment from a North Korean despot", Mr Engel said.

Senator Ben Cardin, the top Democrat on the Senate Foreign Relations Committee, said Mr Trump sent "the wrong message" in his comments about North Korea. The comments follow reports that the North has mastered a technology needed to strike the United States with a nuclear missile.

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