StockMarketWire.com - Wall Street rallied in early trading, which saw the main stateside markets enter positive territory for the first time since start of the unrest between America and North Korea, despite further falls across Europe and Asia.

Shortly after the open, the Dow was up 25.58 points at 21,869.59, the S&P 500 was 2.31 points higher at 2,440.52 and the Nasdaq added 8.25 points at 6,225.12.

European markets were lower midway through the afternoon session, with the FTSE 100 down 0.75%, the DAX by 0.04% and the CAC 40 by 0.85%.

In Asia, the Hang Seng ended the week 2.04% lower at 26,883.51, while the Nikkei eased 0.05% at 19,729.74.

RISERS AND FALLERS

Early risers included Kohl's Corp, Nordstrom Inc, Perrigo Company, News Corp and Seagate, with all stocks up by over 2%.

Conversely, NVIDIA Corp, Norwegian Cruise Line, NetEase, American Airlines, Estee Lauder and Albemarle Corp were leading to the downside.

COMMODITIES

At 2:35pm (GMT), WTI crude oil was down 0.45% at $48.37 per barrel and Brent crude was 0.39% weaker at $51.7 per barrel.

Meanwhile, gold was flat at $1,290 an ounce, while silver was down 0.62% and copper was 0.12% firmer.

ECONOMIC NEWS

The US Consumer Price Index rose 0.1% in July on a seasonally adjusted basis, the US Bureau of Labor Statistics said today. Core CPI was also up 0.1%.




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