N. Korea tensions weigh on global stocks markets

Aug 29, 2017, 7:14 AM EDT
(Source: Dick Thomas Johnson/flickr)
(Source: Dick Thomas Johnson/flickr)

Mounting tensions after North Korea fired a missile over Japan triggered a slide in global stock markets while safe-haven assets strengthened on Tuesday.

U.S. futures eroded about 0.85 percent before recovering the losses, and Japan’s Nikkei slumped to four-month low to end 0.5 percent down, notes Market Watch.

Alessandro Balsotti, head of asset management at JCI Capital Limited, however, sees an opportunity in the slide, believing that the investors can capitalize on this geopolitical fear to buy the dips, writes Reuters.

YOU MIGHT ALSO LIKE