Concern over simmering geopolitical tensions sent Europe's stock markets down for a third day after President Trump stepped up his war of words with North Korea but by late afternoon opportunistic buyers had begun to return on Wall Street.
North Korea said it was completing plans to fire four intermediate-range missiles over Japan to land near the U.S. Pacific island territory of Guam in an unusually detailed threat.
"That may have weighed a little bit" on markets, said Phil Guarco, global investment specialist J.P. Morgan Private Bank.
The broad-based S&P 500 shed 0.6 percent to 2,459.50, while the tech-rich Nasdaq Composite Index tumbled 0.8 percent to 6,299.12. Prices for bonds and gold headed higher. Macy's sank 10.3 percent and Kohl's lost 5.8 percent. Kim Jong Un's regime outlined a plan to fire missiles towards the USA territory of Guam after Trump's remarks on Tuesday.
The lower close on Tuesday came on the heels of remarks by President Donald Trump warning North Korea against making further threats. The DJIA was poised for a fall of 1.1%, making for its worst week since a 1.5% drop in the one ended March 24.
"If earnings can stay strong and interest rates remain low, investors can look beyond North Korea and continue to rally equities", said Phipps.
Priceline Group dropped 8 percent after issuing a profit forecast that was weaker than analysts were expecting. The stock fell $3.30 to $30.09.
Ralph Lauren gained $10.38, or 13.3 percent, to $88.53, while peer-to-peer loan company LendingClub added 99 cents, or 18.1 percent, to $6.45. Asian and European stocks continued the sharp decline Friday. Its shares slid $9.77, or 5.3 percent, to $174.02.
Pampling hits bad , rushed tee shot at US PGA
And we were walking up, and we were talking about like if we can get a tee shot on 18, we could finish the round", Day explained. Since he teed off, even if the horn blew to stop play, his group could elect to finish the hole since one ball was in play.
On the economic front, the Labor Department released a report showing an unexpected drop in USA producer prices in the month of July. Brent crude slid 80 cents U.S., or 1.5%, to US$51.90.
In other energy futures trading, wholesale gasoline dipped 1 cent to $1.62 a gallon. On the Nasdaq, 2,082 issues fell and 669 advanced.
Gold fell $2.10 to $1,262.60 an ounce. Copper rose 4 cents to $2.94 a pound.
CURRENCIES: The euro slipped 0.1 percent to $1.1176 while the dollar was steady at 109.20 yen.
The pound was down 0.09% against the euro at 1.1049 and down nearly 0.2% on the dollar at 1.2978.
Markets overseas were mixed Tuesday.
Manufacturing production in June was flat, as predicted, after falling 0.1% in May, while United Kingdom construction output badly missed forecasts fell 0.1% month on month and rose 0.9% year-on-year. Wholesale inventories are expected to climb by 0.6 percent.
Disappointing earnings also helped pull the market lower Wednesday. South Korea's Kospi also suffered a loss, giving back 0.4%.
A statue of Guam hero Ricardo Bordallo is pictured at the entrance of the Governor's Complex on the island of Guam , a U.S. Andersen Air Force Base hosts a Navy helicopter squadron and Air Force bombers that rotate to Guam from the USA mainland.
The Premier League legend said on BBC Sport: " Chelsea I do sense, there is something brewing there, which isn't nice". Defenders Luke Shaw, Marcos Rojo and winger Ashley Young are out with long-term injuries.
After Martinez walked to load the bases, McCann jumped on a first-pitch, off-speed offering and pounded it over the fence in left. Stanton went 3 for 4 with two runs scored and is hitting.382 (13 for 34) with eight home runs and 15 RBI in his last nine games.
Check out our Top Fantasy Football Tips to see which of these huge summer signings offer the best value for money on the game. I'm not sure Alvaro Morata will play on Saturday and if Chelsea win that then he might not start for the first few matches.
However, the club did win the Europa League and the League Cup , giving the manager a platform of success on which to build. I saw him on the TV last season, but it will depend on how he and the other players adjust to the Premier League .
Shares of Kohl's were down 8.4 percent, while Macy's fell 4 percent after the department store operators reported a fall in sales. The major index futures are now pointing to a modestly higher open for the markets, with the Dow futures up by 21 points.
Housebuilders Persimmon and Barratt Developments were among the biggest gainers of the day, up 1.58% and 1.02% respectively. On the London stock market, mining shares saw the biggest falls as many metal prices were hit by the geopolitical concerns.
But as Lewis told me, this is nothing more than a study that doesn't appear to have been completed or acted upon in any manner. Ben Rhodes, a former deputy national security adviser in the Obama administration, tweeted back at Trump on Wednesday morning.
Beijing worlds silver medalists China finished fourth with second-leg runner Xie Zhenye just coming back from injury. Jakub Vadlejch of the Czech Republic finished second in 89.73m, ahead of fellow countryman Petr Frydrych on 88.32m.
Macron also stressed that the global community should keep on working in order to "encourage Pyongyang to return to dialogue without preconditions".
Tottenham target Davinson Sanchez offered new contract by Ajax
But the wait for their first signing looks nearly over on the eve of Tottenham's first league match of the season at Newcastle. His performances for Ajax also got him into the Colombia setup, and he made his debut for their senior national team in 2016.
Jets quiet Titans in a defensive struggle
Hackenberg's average depth of target hovered around three yards until his final series, and he averaged 5.08 yards per attempt. Christian Hackenberg , a second-round pick in 2016, took over for McCown and played until late in the third quarter.
Asian stocks mostly lower on growing unease over North Korea
Geopolitical concerns continued to weigh on Wall Street amid an ongoing escalation in tensions between the USA and North Korea. In commodities, US crude fell 0.67 percent to $49.23 per barrel and Brent was last at $52.58, down 0.23 percent on the day.
Ezekiel Elliott responds to six-game suspension
Elliott will be appealing the suspension and will have the full support of Cowboys owner Jerry Jones throughout the process. He can play in preseason games and practice until September 2, regardless of the outcome of the appeal.
Trump warns NKorea that USA is 'locked and loaded'
David Cicilline, D-R.I., is urging the House to "immediately" reconvene amid the increasing threats from North Korea . Trump , in true Trump fashion, doubled down on his previous comments, saying that "maybe it wasn't tough enough".
United States stocks tumble on North Korea worries
In commodities, Crude failed to hold the 50 per barrel level, falling almost 2% topping at $50.22 earlier in the session. Gold futures for December delivery hit their highest level since June, rising $3.90 to settle at $1,294 per ounce.
Wiesberger could determine cut at PGA
A near two-hour delay held up the later starters, but when play resumed Matsuyama secured two more birdies to match the American. "I'm not exactly sure", the young lady said. "He made every putt around 20 feet, and was seven under after nine", Phelps said.