"Risk-averse sentiment is dominating global equities markets, and U.S. indices have retraced from record levels over the last two days. Although it is considered highly unlikely that this tension will escalate into a nuclear war, the market still needs to see how President Trump will eventually deal with his advocating 'fire and fury' against North Korea's threat," said Margaret Yang Yan, market analyst at CMC Markets Singapore.
5. -- Shares of Altice NV (ATCEY) surged the most in two months in early trading on Thursday after the French telecommunications and cable group controlled by billionaire Patrick Drahi raised its stake in SFR Group SA (NUMCF) amid continued speculation it may be preparing a takeover bid for Charter Communications Inc. (CHTR) .
The move by Altice comes amid speculation that it will make a bid for Charter Communications, as it looks to advanced the company's position in the U.S. The Drahi-controlled group is lining up a potential $185 billion bid for Charter, the Financial Times reported, citing sources close to the deal, pitting itself against Softbank Group Corp. (SFTBY) .
Shares of Charter rose 2.9% on Wednesday, Aug. 9, to $400.90.
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