Wall Street lower on US-North Korea tensions

U.S. President Donald Trump on Thursday warned Pyongyang again, saying his previous promise to unleash "fire and fury" may not have been strong enough after North Korea responded with a threat to fire missiles over Japan to land near the U.S. Pacific territory of Guam. Most of the reaction is to President Trump's warning on late Wednesday and North Korea's comment about exploring the idea of hitting USA territory Guam with a missile strike.

In an apparent response to Trump's tweet, a statement issued by North Korea's official KCNA news agency claimed the president is "driving the situation on the Korean peninsula to the brink of a nuclear war".

US stock-index benchmarks opened slightly higher on Friday, but equities were on pace for its ugliest week in months amid intensifying rhetoric between the USA and North Korea.

Michael Kors surged 21.5 per cent after reporting 80 cents per share in the quarter ending July 1, 18 USA cents above analyst expectations.

The Dow Jones Industrial Average shed 0.2 per cent to close the day at 22,048.70.

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And - against a Stoke side that are historically bad starters - a home win looks a good bet for Rooney and Ronald Koeman's men. Eighty-three days after Stoke City ended 13 in the Premier League we are back to start again.

The recovery fit a recent pattern of investors using dips to put more money in stocks. The Nasdaq composite fell 45 points, or 0.7 percent, to 6,324. Earlier in the week, Trump said the United States would unleash "fire and fury" on North Korea if it continued to threaten the United States.

The Toronto Stock Exchange's S&P/TSX composite index fell 39.02 points, or 0.26 percent, to end at 15,217.33.

Elsewhere, French conglomerate Vivendi saw its stock fall 2.1 percent in the morning hours, while Italy's Mediaset dropped only 0.3 percent.

First, a wave of selling doused Asia's markets - sending Tokyo's Nikkei 225 down 1.3% and pressuring South Korea's Kospi Index to a 1.1% decline. The Dow closed up 0.05% and the Nasdaq was up 0.64%. Bond and gold prices, traditional havens for nervous investors, were little changed, and the VIX, a measure of how much volatility investors expect in stocks, fell 3.3 percent following a 44.4 percent jump the day before. Shares of Manulife, which reported better-than-expected results, fell after the company played down talk of a John Hancock spin-off.

Dean Foods Co.'s stock plunged 21 percent after reporting earnings in the second-quarter that were way below investors' expectations.

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Turnbull added: "If North Korea decides to carry out some of its violent threats, then obviously bad consequences will follow". But asked whether the United States was ready if North Korea did commit a hostile act, he responded: 'We are ready'.

The benchmark US yield on Thursday was just above 2.2 percent, at its lowest level since late June, as investors bought up Treasuries, a classic safe harbor. Netflix lost 1.5 per cent.

Avis Budget Group slumped 9.9 per cent as it cut its full-year earnings forecast due to weak car-rental pricing amid a glut of autos.

The dollar slipped to 109.04 yen from 109.26 late Thursday.

The Canadian dollar was trading at 78.64 cents USA, down from an average price of 78.71 cents United States on Wednesday. The euro edged down to $1.1727 from $1.1751.

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Her co-star Evan Rachel Wood joined the whole thing, later on, saying that she wished the word "accidentally" was in quotation marks.

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