Asian stocks were mostly lower in trading as investors began to digest worries over the escalating tensions.
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Stocks around the world fell sharply Thursday and investors moved into the yen, gold and other safe-haven assets amid more aggressive talk between the United States and North Korea.The Japanese yen hit an eight-week high against the U.S. dollar, while spot gold also reached a two-month high.The Dow Jones Industrial Average fell 94.55 points, or 0.43 percent, to 21,954.15, the S&P 500 lost 19.51 points, or 0.79 percent, to 2,454.51 and the Nasdaq Composite dropped 76.39 points, or 1.2 percent, to 6,275.94 .In currencies, the yen strengthened 0.64 percent versus the greenback at 109.37 per dollar.Benchmark 10-year notes last rose 5/32 in price to yield 2.2255 percent, from 2.242 percent late Wednesday.The 30-year bond last rose 5/32 in price to yield 2.8107 percent, from 2.818 percent late Wednesday.
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