TECH SLIDE: Losses among technology stocks led the market slide.
Reuters data show a 22 per cent perceived chance for a rate increase after the Fed's December meeting. "North Korea responding with a threat to US territory after Trump warned them not to threaten the USA was never going to go down well", Lawler said.
"Military solutions are now fully in place, locked and loaded, should North Korea act unwisely".
North Korea had responded to Trump's previous promise to unleash "fire and fury" with a threat to land missiles near the US Pacific territory of Guam.
Some of the top performing gold and gold mining stocks also rose on the back of the heightened US and North Korean tensions.
"Sound dialogue is not possible" with President Donald Trump they said.
The Nasdaq composite lost 18 points, or 0.3 percent, to 6,352.
Spot gold was almost flat at $1,285.76 per ounce at 0447 GMT and was set for a weekly gain of over 2 percent.
The Standard & Poor's 500 index fell 20 points, or 0.8 percent, to 2,453 as of 10:09 a.m. "Pretty remarkable, perhaps even extraordinary, considering", said Tim Ash, strategist at fund manager BlueBay.
"Traders should closely watch global equities today, with further falls and risk aversion likely pumping more safe-haven flows into precious metals", said Jeffrey Halley, a senior market analyst at OANDA.
The North Korea situation isn't the only thing weighing on stocks.
But the yen added to an already-strong weekly rally of close to 1.5 percent, hitting its highest in nearly four months versus the dollar at 108.73 yen.
World stocks fell for a third day on Thursday and investors shifted assets into safe haven currencies the Swiss franc and yen as well as gold. Economists had expected prices to rise by 0.2%.
Reaction to new inflation data was muted.
"If the data continues to come in on the softer side, the market might start to price the Fed staying on hold this year", said Sireen Harajli, FX strategist at Mizuho in NY. As well, producer prices in Japan rose 0.3% on month in July, a tick higher than the 0.2% gain seen and at a 2.6% gain on year, also beating expectations.
"Where the current tensions escalate sharply, we would expect an acceleration of this week's price action, i.e. a sharp rise in risk premiums across asset classes, substantial falls in United States and German government bonds yields, significant JPY and CHF strength and a massive sell-off in equities, particularly in Europe which is more linked into the global cycle".
The euro dipped 0.1 percent to $1.1737 EUR= but the single European currency has been slipping this week against the dollar, having hit a more than 2 1/2-year high of $1.1892 on August 2. Lockheed Martin, Raytheon, General Dynamics and Northrop Grumman all rose and the Dow Jones U.S. defense index was up 1.6 percent after hitting a record high.
President Donald Trump may return to Washington on Monday for the day from his working vacation, Politico reported Friday . The White House has been plagued with issues including ceiling leaks and a house-fly infestation, according to CNN.
"Democrats have given Congress fairly low ratings throughout 2017, ranging from 10% to 19%", the pollster noted. The health law is more popular than ever with 52 percent of respondents saying they hold a favorable view of it.
It has been heard that the actress has some possibility of inheriting more than the amount of property disclosed. Billie Lourd will also have the final say when it comes to the usage of her mother's likeness and public image.
According to OddsShark , on November 17, 2016 Mayweather was the favorite -2250 (McGregor +950) but his odds have dropped. I think we both owe the fans, everyone that's tuned in - I think we both should give them excitement".
Spurs, despite an indifferent week, should head to Newcastle with confidence after beating Juventus 2-0 last Saturday. And yet Spurs seem willing to keep faith with the French worldwide , having reportedly turned down offers for him.
But the firm added just seven million new users in the quarter, compared to eight million in the first three months of the year. The company reported ($2.31) earnings per share for the quarter, missing the Zacks' consensus estimate of ($2.05) by $0.26.
It doesn't quite sink in until you compete here and cross the line - I had a couple of minutes to myself - that this is it. That he finishes with silver on the track clearly wasn't the farewell he had planned.
During a recent interview with Women's Wear Daily , Kris Jenner revealed just how well her daughter's business is doing. Kris serves at the company's chief financial officer, but it's Kylie's creative baby.
Majority appreciated his constant endeavour to stick to the rules and not allowing any legislation to be passed during din. Finance Minister Arun Jaitley said that Hamid Ansari has contributed to the quality of debate with his wisdom.
Joel Ward's own goal saw Huddersfield become the first team to net their maiden Premier League goal in that manner. Huddersfield are in the top flight for the first time since 1972 and open their campaign at Palace on Saturday.
In his three years with the Bills, the former Clemson product has hauled in 153 passes for 2,459 yards and 17 touchdowns. The Rams need playmakers for an offense that finished last in the National Football League over the past two seasons.
AIADMK dumps TTV Dinakaran as Deputy General Secretary
He said he would act against any partyman, including the chief minister, if they went against the interests of the party. Jayakumar expressed confidence over the merger of EPS, OPS factions of the AIADMK and said he hopes it happens soon.
Trump at the Helm - God Help Us
After days and days of build-up North Korea and the United States have now bluntly threatened each other with nuclear catastrophe. Chances are, he doesn't want to live in one.
Dutch, Belgians launch raids over contaminated eggs
The eggs at the centre of the scandal have mainly come from the Netherlands , followed by Belgium and Germany. The insecticide Fipronil , found in the eggs, can be harmful to humans if consumed in large doses.