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Stocks Close Modestly Lower After Trump Warns North Korea - U.S. Commentary

(RTTNews.com) - Stocks fluctuated over the course of the trading session on Tuesday before eventually closing modestly lower. The drop on the day ended the Dow's streak of setting new record closing highs for nine consecutive sessions.

The major averages ended the day posting modest losses. The Dow edged down 33.08 points or 0.2 percent to 22,085.34, the Nasdaq dipped 13.31 points or 0.2 percent to 6,370.46 and the S&P 500 slipped 5.99 points or 0.2 percent to 2,474.92.

The lower close by the major averages came after remarks by President Donald Trump added to concerns about rising tensions between the U.S. and North Korea.

The comments came after reports said the U.S. intelligence community has determined that North Korea has successfully produced a miniaturized nuclear warhead that can fit inside its missiles.

Earlier in the day, trading was impacted by a report from the Labor Department showing an unexpected jump in job openings in the month of June.

The Labor Department said job openings surged up to a record 6.2 million on the last business day of June from 5.7 million on the last business day of May...


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