US stock indexes were set to open little changed on Friday, with the S&P 500 on track to post its biggest weekly loss in nine months, as investors remained cautious on heightened tensions between the United States and North Korea.
The Dow Jones Industrial Average fell 33.08 points, or 0.15 percent, to 22,085.34, the S&P 500 lost 5.99 points, or 0.24 percent, to 2,474.92 and the Nasdaq Composite dropped 13.31 points, or 0.21 percent, to 6,370.46. And when the S&P 500 breaks a streak of 50+ trading days without a 1%+ up move, the index actually averages a decline over the next month and a gain of just 0.86% over the next three months.
In the eurozone, the Paris CAC 40 lost 0.3 percent compared with the closing level on Wednesday.
Trump had told North Korea to not "make any more threats" to the USA or the country "will be met with fire and fury like the world has never seen". Meanwhile, the CNNMoney Fear & Greed Index has swung firmly into the fear zone.
The S&P 500 volatility index jumped again on the latest jawboning in the US-North Korea standoff.
Nordstrom Inc.(JWN) shares rose 1.6% after the retailer late Thursday posted earnings that beat expectations (http://www.marketwatch.com/story/nordstrom-shares-rise-after-retailer-tops-views-sales-rise-2017-08-10), along with a sales rise.
The data comes amid tepid inflation that has remained below the Federal Reserve's 2 percent target, despite low unemployment.
Energy stocks retreated 0.5 percent, despite higher oil prices.
London's benchmark FTSE 100 index fell back 1.3 percent, driven by losses in the commodity sector.More news: Memorial service held for Justine Damond shot by Minneapolis police officer
Barrick Gold Corp rose 2.3 percent to C$21.74 as the price of gold, a safe-haven asset, reached its highest levels in two months.
Most South-east Asian stock markets closed lower too, as investors flocked instead to traditional safe-havens such as gold, the Japanese yen, and the bond market.
The FTSE 100 firm announced in March previous year that it would run its US-based asset management operation, its UK-based wealth unit, an emerging markets division and Nedbank in South Africa as separate businesses.
Avis Budget Group slumped 9.9 percent after the auto rental company cut its guidance following a weak second quarter.
Global stock markets have sunk further into the red after Donald Trump ratcheted up his fiery rhetoric over North Korea's nuclear threats.
The Canadian dollar was trading at an average price of 78.67 cents USA, down 0.04 of a US cent.
United States crude rose 0.41 per cent to US$48.79 per barrel and Brent was last at US$52.01, up 0.21 per cent.
The pound was down 0.1% against the euro at 1.10. On the Nasdaq, 1,846 issues fell and 953 advanced favoring decliners. Crude briefly pared losses in late trading after USA inventories fell more than expected last week.