Wall St lower as investors weigh rising N. Korea tensions

Stock Market Sell-off Sends Investors into Safe-haven Assets after Trump Issues Warning to North Korea

Stock Market Sell-off Sends Investors into Safe-haven Assets after Trump Issues Warning to North Korea

The S&P 500 index was down 18.45 points to 2,455.57 and the Nasdaq composite index was down 68.32 points to 6,284.01.

The reclusive state raised the stakes further on Thursday with a detailed plan to send a salvo of missiles towards the USA territory of Guam.

European markets closed lower: London's FTSE sank 1.4 per cent, Paris lost 0.6 per cent and Frankfurt dipped 1.2 per cent.

Inflation has risen 1.7 percent over the past 12 months, suggesting that inflation pressures remain well under control. He said that North Korea "can be very very nervous" if it acts on either the United States or its allies, and warned that "things will happen to them like they never thought possible". The Fed, which raised its key interest rate in March and June, has signaled it plans a third rate hike before the end of this year. TMX Group Ltd was up 3.2 percent to C$68.02, while Quebecor Inc added 4.3 percent to C$45.20 and Canadian Tire Corp Ltd climbed 5.7 percent to C$149.89. Kohl's said net income for the second quarter was $208 million, or $1.24 per share, versus $140 million, or 77 cents per share, in the same period a year ago.

The strength on Wall Street is partly due to bargain hunting, with traders picking up stocks at reduced levels following the pullback seen over the past few sessions.

In other energy futures trading, wholesale gasoline rose 1 cent to $1.61 a gallon, while heating oil was little changed at $1.63 a gallon.

In oil, Brent crude was dragged 0.5% lower at 52.46 USA dollars a barrel despite Opec forecasting increased demand for oil next year.

The 30-year bond last /32 in price to yield 2.7933 percent, from 2.794 percent late on Thursday. Silver gained 14 cents to $16.39 an ounce.

Charter Communications rose 2.9 per cent on news Altice is exploring a bid for the cable giant.

The dollar slipped to 109.04 yen from 109.26 late Thursday.

The biggest risers on the FTSE 100 Index were Coca-Cola HBC up 219p to 2,592p, WorldPay up 19p to 407.5p, Randgold Resources up 95p to 7,475p, WPP up 19p to 1,581p. On the Nasdaq, 1,846 issues fell and 953 advanced favoring decliners.

Tensions with North Korea appear to have finally shaken the confidence of United States investors, after the S&P 500 opened 0.8% lower, threatening to end its 15-day streak with a closing streak of more than 0.3%, a 90-year record.

Germany's DAX was flat, while France's CAC 40 fell 1.1 percent. Hong Kong's Hang Seng Index plunged by 2%, while South Korea's Kospi Index slumped by 1.7%.

For the week, the Dow is down 1.1%, its biggest one-week drop since November. The Japanese markets were closed for a holiday.