Market Snapshot: Stocks ride into North Korea ‘danger zone’ before Monday open

Against the backdrop of missiles flying, the “mother of all bombs” being dropped on Islamic State targets and the threat of an all-out nuclear war, financial markets have been holding up relatively well, but face a major hurdle before the Monday open.

When taking bets on a game of nuclear chicken, there’s not a lot of historical perspective as investors consider a binary outcome: Either one side blinks, and the market resumes its business, or neither side blinks, and the market enters uncharted territory, hopefully for the short term.

With promises of a major event coming out of North Korea over the weekend and the USS carrier Carl Vinson sent in the wake of heightened aggressions toward the Korean Peninsula to support two cruise missile destroyers already stationed within striking range, investors are admittedly on edge.

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