US markets fell sharply as President Trump doubled-down on his threats against North Korea, suggesting that his "fire and fury" warning earlier this week may not have been tough enough - Dow tumbled -205-points or -0.93% (its biggest single-session decline since May 17) and the broader S&P500 -1.45% (with Information Technology and Financials the sectors under the most pressure). The fall also saw the S&P500 index's streak of consecutive trading sessions without a 1%+ move in either direction end at 58 (the eighth longest streak over the past 50-years). The technology-centric NASDAQ was crunched -2.13% lower, with Snap Inc slumping -16.49% in after hours trading after reporting second-quarter numbers after the closing bell and missing consensus expectations on all of revenue, adjusted loss per share and daily active users. Snap employees will also be able to sell some of their shares on the market for the first time next week. Amazon fell -2.56% and now sits ~12% below its all-time high of ~two-weeks ago.
