Wednesday, 12 April 2017

Wall Street Ends Down; Geopolitical Risks Weigh Ahead Of Earnings

US stocks ended down but well off the day's lows on Tuesday, with concern over geopolitical risks weighing on sentiment as investors readied for the start of US corporate earnings reports.

Worries over rising tensions between the United States and Russia, Syria and North Korea drove investors into gold and other safe-haven assets and pushed up the CBOE Volatility index , Wall Street's fear gauge, which closed above 15 for the first time since Election Day.

US Secretary of State Rex Tillerson carried a message from world powers to Moscow on Tuesday denouncing Russian support for Syria's Bashar al-Assad.

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