"What has changed this time is that the scary threats and war of words between the USA and North Korea have intensified to the point that markets can't ignore it", said Shane Oliver, head of investment strategy at AMP Capital in Sydney. "It's incredible when you consider the headlines just how calm the equity markets are, how they've taken things in their stride", said Ryan Detrick, senior market strategist at LPL Financial in Charlotte, North Carolina.
The dollar index fell 0.1 per cent, with the euro up 0.01 per cent to US$1.175 (RM5.04). Alliance Data Systems fell $6.28, or 2.7 percent, to $225.64. Lockheed Martin, Raytheon, General Dynamics and Northrop Grumman were all up, with the Dow Jones U.S. defense index up 1.48 percent at 409.58.
"This situation is beginning to develop into this generation's Cuban Missile crisis moment", ING's chief Asia economist Robert Carnell wrote in a note. It was last up 0.0 percent at 1.1329 per euro. Travel-review website operator TripAdvisor was down 2.7 percent.
Crude futures meanwhile extended losses on fears of slowing demand and lingering concerns over global oversupply.
Hong Kong and Shanghai followed Tokyo into the red, as China factory gate inflation came in slightly below forecast amid warnings from experts of a further slowdown in the world's second-largest economy.
The S&P 500 .SPX lost 5.99 points, or 0.24 percent, to close at 2,474.92 and the Nasdaq Composite .IXIC dropped 13.31 points, or 0.21 percent, to 6,370.46. While the UK's FTSE 100 Index slid by 0.6%, the German DAX Index slumped by 1.1% and the French CAC 40 Index tumbled by 1.4%. Copper, the bellwether industrial metal, was set for its first weekly drop in five weeks.
News that US producer prices unexpectedly fell in July earlier helped send the dollar lower. The Korea tensions though have seen both US and European markets this week push back expectations of when the Fed and ECB might hike interest rates.
Besides that, today the area of interest will be how India's own chinaman Kuldeep Yadav bowls on a pitch offering slow turn. For Sri Lanka , Pushpakumara scalped 3 wickets , while Sandakan took 2 wickets and Fernando one.
But some economists say the Fed may stand pat for the rest of 2017 unless inflation accelerates in coming months. Brent crude, used to price worldwide oils, rose 20 cents to $52.10 a barrel in London .
Mannarino became the fourth established ATP player this week to fall at the hands of the 18-year-old left-handed Canadian. He saved the first with an ace but Ferrer made no mistake with his second set point, converting to take the opener 6-4.
It also came days after China and Asean countries adopted the framework in Manila for a Code of Conduct in the South China Sea. Recently, Vietnam discontinued plans to set up an offshore drilling rig in global waters because China told them to .
He explains that, whenever the Earth, moon and sun align to form a solar eclipse , the event is visible somewhere on Earth. Make sure you don't directly look at the sun during the eclipse unless you have special eye protection.
The Iranian Parliament on Sunday ratified a motion on countering "US adventurous and terrorist measures in the region". Deputy Foreign Minister Abbas Araghchi also voiced approval of Rouhani's administration for the bill.
Housebuilders Persimmon and Barratt Developments were among the biggest gainers of the day, up 1.58% and 1.02% respectively. In oil, the price of Brent crude sunk by 0.5% to 51.65 USA dollars a barrel amid concerns about over supply in the market.
More than a dozen people held signs, chanted and marched around the statue of Andrew Jackson as a protest against racism. Police took a man into custody as the subject of a homicide investigation, Charlottesville Police Chief Al Thomas said.
Along with a second-degree murder charge , Mr Fields faces three counts of malicious wounding and one count of leaving the scene. The auto ramming killed a 32-year-old woman and wounded 19 people, including some with life-threatening injuries.
Commenting on the incident, Mandi deputy commissioner Sandeep Kadam said the possibility of more deaths could not be ruled out. Himachal Transport minister GS Bali said the toll could climb to 50 in the incident which took place last night.
North Korea standoff wipes $1trn off global stocks
In commodities, US. crude fell 0.67 per cent to $49.23 per barrel and Brent was last at $52.58, down 0.23 per cent on the day. Inflation has risen 1.7 percent over the past 12 months, suggesting that inflation pressures remain well under control.
Markets Right Now: Stocks drift lower on Wall Street
The Nasdaq finished the day at 6,216.87, a slide of 135.46, while the S&P 500 lost almost 1.5 percent, ending the day at 2,438.21. Investors bought safe-haven assets such as gold, helping the precious metal touch a two-month high, and the Japanese Yen rose.
Investors rush to gold following rising North Korea tensions
The Japanese currency last traded at 109.07 yen to the dollar, compared to levels around the 110 handle seen earlier in the week. Crude oil futures are slipping USD0.10 to USD48.49 a barrel after tumbling USD0.97 to USD48.59 a barrel on Thursday.
Bryce Harper injures left knee, leaves game
Elsewhere • Dodgers pitcher Clayton Kershaw (lower back soreness) is scheduled to throw a second bullpen session Sunday. The Rockies inked first baseman Ryan Howard to a minor league contract on Saturday, per a team announcement .
Jason Day blows his PGA Championship
The ball bounced high off a rock and settled into what he called "the worst lie I've seen all week" in the deep Bermuda grass. While Kisner was the story early in the day, the weather took the stage as the afternoon wave of players took to the course .