"That reset is being triggered by North Korea geopolitical concern and stretched valuations", said Peter Kenny, senior market strategist at Global Markets Advisory Group in NY.
"As a portfolio manager, you say, 'Do I think we'll get a war out of this?'" said Torsten Slok, chief global economist at Deutsche Bank, referring to the back and forth between North Korea and President Donald Trump.
U.S. President Donald Trump issued a new verbal warning to Pyongyang on Thursday, saying that his previous promise to unleash "fire and fury" may not have been strong enough after North Korea responded with a threat to land a missile near the U.S. Pacific territory of Guam.
In Europe, the pan-continental STOXX 600 index lost 0.8 per cent, with falls deepening after reports a vehicle had rammed a group of soldiers in Paris, injuring six. The Swiss currency was also on track for its biggest daily gain against the euro since the Swiss National Bank removed its cap on the currency in January 2015. Heating oil fell 1 cent to $1.63 a gallon.
Technology companies led USA stocks slightly higher in afternoon trading Friday, recouping some of the losses from the day before. Perrigo rose $1.58, or 2.1 percent, to $78.43.
"The unpredictable nature of North Korea means it is hard to gauge exactly how likely an attack is, yet given the military power of both nations, there is no surprise we are seeing markets shift out of risk assets and into havens such as the yen and gold", said IG market analyst Joshua Mahony, in a note.
Energy stocks also fell along with the price of crude oil. TMX Group Ltd was up 3.5 percent to C$68.23, while Quebecor Inc added 2.9 percent to C$44.60.
The market volatility - the VIX index, nicknamed " the fear index, had been dashed the night before - remained high compared to the evolution since the beginning of the year.
SeaWorld Entertainment slid 6.2 percent after the theme park operator reported second-quarter revenue that fell short of Wall Street's expectations. Its shares slid $9.77, or 5.3 percent, to $174.02.
'We have him and we are very happy' - Mourinho on Matic
Unlike most holding midfielders, Matic doesn't just play with his back to defenders. "Better without the ball and with the ball". Mourinho's track record of winning league titles across Europe in his second season at the club is very striking.
Rose is not the only one frustrated at Spurs - Jenas
They have the best defence from the last two seasons as they conceded the least number of goals in both campaigns respectively. He continued: "Right now, Harry Kane is one year away from being worth that, if already not being worth that".
Canadian Tire Corp Ltd rose 3.4 percent to C$146.65.
After a dip of as much as 0.52 percent earlier in the day, Wall Street's three major indexes bounced off intraday lows.
In Europe, the pan-continental STOXX 600 index fell 0.9 per cent, with falls deepening after a auto rammed a group of soldiers in Paris, injuring six, in what officials said was a suspected terrorist attack.
BONDS:Bond prices rose. Hong Kong's Hang Seng Index plunged by 2%, while South Korea's Kospi Index slumped by 1.7%.
Benchmark U.S. crude was down 21 cents to $48.38 a barrel on the New York Mercantile Exchange.
At 10:34 a.m. ET (1434 GMT), the Toronto Stock Exchange's S&P/TSX composite index fell 70.95 points, or 0.47 percent, to 15,146.38.
US crude rose 1.08 percent to $49.70 per barrel and Brent was last at $52.78, up 1.23 percent on the day.
In other precious metals, silver was almost flat at $16.90 per ounce after hitting its highest since June 15 earlier in the session.
The bond market was without direction: the yield of u.s. Treasury bills to 10 years, which evolves to the inverse of the bond price, appears to 2,190 %, compared to 2,198 % Thursday evening, and that bills to 30 years at 2,786 %, compared to 2,773 %.
Holding from a reduce rating to a hold rating and set a $4.50 target price on the stock in a research report on Monday, June 26th. ILLEGAL ACTIVITY NOTICE: This news story was first posted by Transcript Daily and is the sole property of of Transcript Daily.
President Trump stressed that Palestinians and Israelis need "direct negotiations", the United States official added. According to a senior Israeli official, the delegation is evidently expected to arrive in the last week of August.
At 7 p.m., a candlelight vigil will take place in Lafayette Park, across the street from the White House. Organizers said they picked that spot because they feel it's important to keep Olango's memory alive.
First responders retrieved him from under the bus, and were seen performing CPR on him before he was taken to hospital. Witnesses told CTV that the pedestrians were loading or unloading their luggage from the vehicle when they were hit.
Six corps ont été découverts pour le moment, mais le bilan pourrait s'alourdir, de nombreuses personnes étant portées disparues. Des milliers de résidences ont été détruites dans ces intempéries qui frappent le pays himalayen depuis trois jours.
In response, North Korea announced a detailed plan to fire ballistic missiles towards Guam, a US territory in the Pacific. Who said it: Trump or Kim? "We are going to continue to work the issue", Mattis told a Pentagon news conference.
BidaskClub upgraded Cenovus Energy from a "strong sell" rating to a "sell" rating in a research report on Wednesday, August 2nd. COPYRIGHT VIOLATION WARNING: This news story was posted by Sports Perspectives and is the property of of Sports Perspectives.
Finally, Ameriprise Financial Inc. raised its position in shares of Randgold Resources Limited by 15.8% in the first quarter. HSBC Holdings plc reissued a "hold" rating on shares of Randgold Resources Limited in a research report on Friday, July 7th.
I have to try to adapt a new system and to anticipate this situation of playing with nine or 10 men in the next game. Relegation candidates Burnley went on to score three in the opening 45 minutes, two courtesy of striker Sam Vokes.
Reports say that the matchups will occur at Lambeau Field in 2020 and Soldier Field in 2021, though this has yet to be confirmed. When the Badgers return to Green Bay in 2020, Wisconsin and Notre Dame will be playing for the 17th time overall.
WA weather: Severe weather warning in place after wild storm
THE Bureau of Meteorology has issued a severe weather warning, with a strong cold front approaching the south west of the state. Residents in Perth and elsewhere have been warned to expect damaging winds later this morning as the front moves up the coast.
Arsenal tell Premier League duo to pay £20m for Perez
The Spaniard was given limited opportunities last season and has been linked with an exit from the Emirates Stadium this summer. Jack Wilshere is reportedly "resigned to leaving Arsenal " after being left out of the Gunners' first squad of the season.
Manchester United vs West Ham, Premier League
Matic was the other man-of-the-match contender as he dominated the midfield on his home debut following a £40m move from Chelsea . Ricardo Carvalho was one of the best defenders in the history of the Premier League but in the beginning he struggled.