European markets open lower on Friday

US stocks close lower after President Trump's remarks to North Korea

USA stocks closed higher on Friday as Wall Street clawed back from a sharp decline in the previous session but the market still posted a weekly loss on lingering geopolitical uncertainties.

"European shares are trading once again lower. continuing their slide on the back of ever more increasing tensions between North Korea and the USA", added analyst Markus Huber at City of London Markets.

In the first four days of the week, the Standard & Poor's 500 index swung from marking its latest record high to posting its biggest single-day drop in almost three months.

Even so, Wall Street remains near record highs.

US stocks close lower after President Trump's remarks to North Korea

"There are four more (inflation) prints between now and the December FOMC meeting and we expect the Fed to remain data-dependent, if a touch more cautious", said TD Securities in a research note.

For the week, the Dow is down 1.1%, its biggest one-week drop since November. The Dow slid 33.08 points, or 0.2 percent, to 22,085.34. The Russell 2000 index of smaller-company stocks picked up 1.69 points, or 0.1 percent, to 1,374.23.

"That said other riskier assets have quickly found bid again and stocks may therefore recover pretty sharpish if this proves no more than a temporary war of words".

In Europe, Britain's FTSE100 was down over one percent, Germany's DAX traded 0.5 percent lower, while the French CAC40 index was 0.62 percent in the red, as of 9:00am GMT. Macy's sank 10.3 percent and Kohl's lost 5.8 percent.

Mattis: A War With North Korea Would Be 'Catastrophic'
Mattis' comments follow President Donald Trump's threats against the rogue nation, according to CNN. He asks, "How often do you see France, China, Russia, the USA voting unanimously on any issue?"

"If you strip away what's going on in North Korea, and if you strip away what's going on in Washington, which are things that are tougher to predict, the economy, the global recovery, earnings, it all paints a very positive picture for the rest of the year", Kravetz said.

South Koreans watch a television displaying news broadcasts reporting on North Korea at a station in Seoul today.

The North's latest threat came as US President Donald Trump warned Tuesday that North Korea will be met with "fire and fury" should it stick to ambitions to hit the US with ballistic missiles. "North Korea responding with a threat to US territory after Trump warned them not to threaten the USA was never going to go down well", Lawler said.

Still, there were fewer signs of anxiousness in the markets Friday. It's still the highest it's been since May.

Hot Stock to Watch: Zillow Group, Inc. (ZG)
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July's 0.1 percent increase in consumer prices suggests that the Federal Reserve may be less likely to raise interest rates next month. On the Nasdaq, 1,462 issues rose and 1,227 fell. "The pot is on the stove boiling but no inflation steam is coming out". Rival Advanced Micro Devices was also down 3.4 percent. Biotech companies Celgene and Amgen lost 3.8 percent and 2.6 percent, respectively.

By 4.10pm, the fall was hovering between 99 and 100 points - around 1.34% - down. Brent crude, the global standard, lost 23 cents to $52.14 a barrel in London. Altice USA, the subsidiary of the French company, added 0.1 per cent.

The price of crude oil dropped more than two percent Thursday, the cost of a barrel falling to $48.49.

The 30-year bond last /32 in price to yield 2.7933 percent, from 2.794 percent late on Thursday. Natural gas was also flat at $2.98 per 1,000 cubic feet. Silver gained 14 cents to $16.39 an ounce.

Sebastian Gorka refers Rex Tillerson to the executive branch's org chart
North Korea's state run news agency said that nation's government is "seriously reviewing" a plan to strike Guam , a U.S. He is the secretary of state, that means you don't understand what the words secretaries of state means.

CURRENCIES: The dollar slipped to 109.78 yen from 110.06 late Wednesday in Asia. The euro rose to $1.1824 from $1.1774. Australia's S&P/ASX 200 dropped 1.2 percent.

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