Yahoo Finance's Julia La Roche sits down with executive chairman and former CEO of Starbucks Howard Schultz
U.S. stock indexes were headed for an uneven finish in late-afternoon trading Friday, as losses among real estate and utilities companies outweighed gains among oil companies. A new round of tensions between the U.S. and North Korea helped send bond yields lower, which weighed on bank shares.
U.S. Treasury and gold prices rose while the Japanese yen strengthened on Friday as a fresh exchange of barbs between North Korea and the United States fueled geopolitical jitters. North Korea said it might test a hydrogen bomb over the Pacific Ocean, in response to U.S. President Donald Trump's threat on Tuesday to destroy the reclusive country. "Big noise out of North Korea will keep today's trading defensive," said Peter Cardillo, chief market economist at First Standard Financial in New York.
HONG KONG (AP) — World stocks were subdued on Friday after North Korea said it could test a hydrogen bomb in the Pacific Ocean, though European markets were supported by upbeat economic data.