Start GRASP/Korea U. S. stock futures drop, yen gains after North Korea's missile launch

U. S. stock futures drop, yen gains after North Korea's missile launch

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U. S. stock futures dipped and the yen rose in a knee-jerk reaction after North Korea fired a missile over Japan into the Pacific Ocean, in a sign Pyongyang has no plan to change its course after a renewed international sanction.
TOKYO (Reuters) – U. S. stock futures dipped and the yen rose in a knee-jerk reaction after North Korea fired a missile over Japan into the Pacific Ocean, in a sign Pyongyang has no plan to change its course after a renewed international sanction.
U. S. stock futures fell 0.25 percent while U. S. Treasuries futures rose 4/32 in price.
Nikkei futures traded in Chicago suggested Nikkei average could fall about 0.2 percent.
The dollar fell to as low as 109.55 yen from around 110.

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