(CNBC) — The Dow Jones industrial average and the S&P 500 hit session lows Tuesday after the North Korean ambassador to the UK said the country will proceed with its sixth nuclear test.
The 30-stock index fell as much as 74 points, while the S&P dropped 0.3 percent. The Nasdaq composite held on to slight gains and remained on track to post a record close.
“To me, my initial take is this is not uncommon,” said Eurasia Group’s Scott Seaman. This is “not something that would make me stop in my tracks.”
“This just strikes me to be fairly normal to North Korea’s bombastic rhetoric,” he said.