Korea Situation Worries Wall Street

Summary


Wall Street suffered a downturn Tuesday amid rising tensions between North and South Korea and a weak reading on existing home sales for October.

North Korea and South Korea exchanged artillery fire near their disputed sea border, killing at least two South Korean marines. Treasury prices, the dollar and gold all rose as investors sought safe places to park money.

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Extract


Korea Situation Worries Wall Street

"We've had a nice, good run upward and people are nervous and looking for a good excuse to take the markets down," ...

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