Tensions between Washington and Pyongyang rattle stock market volatility measure and unnerve investors

A US stock market gauge known as the “fear index” has spiked to its highest level since Donald Trump was elected president in a sign that his brinkmanship with North Korea is starting to unnerve investors.

The Vix index has been at record lows in recent weeks but has been rattled by the remarks Trump has been making about North Korea.

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