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U.S.- N. Korea strife weighs down global stock markets

Aug 11, 2017, 7:30 AM EDT
(Source: Jim Makos/flickr)
(Source: Jim Makos/flickr)

The slide in global stocks continued for a fourth straight day on Friday as growing tensions between the U.S. and North Korea rattled investors, putting the equities market on course to its worst performance since November 2016.

Amid ratcheting political tensions, investors carried out sell-offs and turned towards the yen, the Swiss franc and gold, writes Reuters.

Euro zone stocks and blue-chips suffered a 0.7 percent erosion while FTSE dropped by 0.8 percent, notes Independent.

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