U.S. stock futures recover losses, steady after North Korea missile test

U.S. stock futures regained composure on Friday, hours after North Korea fired another missile over Japan for the second time. Stock futures initially retreated late Thursday, as news broke of the missile firing, but were recently trading mostly flat. Dow Jones Industrial Average futures inched up 4 points to 22,175, while S&P 500 futures slipped 2 points to 2,492.25 and Nasdaq-100 futures eased 0.5 point to 5,970.50. The Dow industrials closed at a record for a third-straight session on Thursday. Gold futures , which tend to attract investors in times of geopolitical tension, pared gains from late Thursday, rising $4.10, or 0.3%, to $1,333.40 an ounce. Earlier on Thursday, North Korea threatened to reduce the U.S. to “ashes and darkness” and suggested Japan be “sunken into the sea” by a nuclear bomb. Asian stocks were mostly flat to lower, though the Nikkei 225 index [S: JP:NIK] rose 0.6%.

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From:: Stock Market News

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