U.S. Stocks Post Weekly Decline

Peace and Freedom

Investors pare back risk positions, taking profits as North Korea tensions rise

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President Donald Trump speaks to reporters before a security briefing at Trump National Golf Club in Bedminster, N.J., Thursday, Aug. 10, 2017. Evan Vucci, AP
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Updated Aug. 11, 2017 7:42 p.m. ET

U.S. stocks rose Friday but still notched their biggest weekly loss in months, as investors were shaken by disappointing earnings results and an escalation of threats between the U.S. and North Korea.

The rhetoric, which began late Tuesday and continued into Friday, interrupted stocks’ march higher and cracked the calm that has enveloped the market for months. The Dow Jones Industrial Average, which had been steadily hitting records, posted its biggest decline since May on Thursday, while the CBOE Volatility Index, known as Wall Street’s “fear gauge,” rose to its highest level of the…

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