Stocks slide on continued concern over tension between United States and North Korea

North korea war

The Korean won fell against the USA dollar.

The Dow Jones Industrial Average fell 36.64 points, or 0.17 percent, to 22,048.7, the S&P 500 lost 0.9 points, or 0.04 percent, to 2,474.02 and the Nasdaq Composite dropped 18.13 points, or 0.28 percent, to 6,352.33.

Shares of Snapchat parent Snap Inc.(SNAP) slid 14% a day after the company's earnings missed forecasts (http://www.marketwatch.com/story/snap-ceos-promise-cant-overcome-declining-ad-rates-stock-heads-toward-new-lows-after-earnings-2017-08-10), and the social-messaging company disclosed that average ad prices fell in the second quarter.

Update: The FTSE 100 has slumped further into the red amid persisting fears over North Korea tensions, with the sell-off accelerated by a slump in USA markets.

Trump, whose threat this week to bring "fire and fury" was dismissed by North Korea, said Thursday his statement might not have been "tough enough".

Most of the reaction is to President Trump's warning on late Wednesday and North Korea's comment about exploring the idea of hitting US territory Guam with a missile strike.

Most large-cap stocks were mixed across the board. MSCI's broadest index of Asia-Pacific shares outside Japan closed 1.48 percent lower.

The growing tensions between North Korea and the United States are continuing to weigh on the financial markets today.

Home buyers protest as builder Jaypee Infratech is declared bankrupt
According to a report in a media outlet, the buyers have two weeks to raise claims their claims on the property. Infuriated over the bankruptcy of the builder, the protestors now question the credibility of the company.

In other words, investors are dumping stocks and buying bonds, which many view as a safe haven in times of turmoil. The S&P has lost more than 1 percent on only three days this year.

The reclusive state raised the stakes further on Thursday with a detailed plan to send a salvo of missiles towards the USA territory of Guam.

Across Europe, Gemany's Dax was off 1.2% and the Cac 40 in France dropped by 0.6%.

A weaker-than-expected July consumer price data also supported the recovery.

J.C. Penney sank 16.6% after the struggling department store chain reported quarterly results that fell short of Wall Street's expectations.

US trading volume has been low with summer setting in and Congress expected to be in recess until September 5.

The data comes amid tepid inflation that has remained below the Federal Reserve's 2 percent target, despite low unemployment. Australia's S&P/ASX 200 dropped 1.2 percent. Brent crude, used to price worldwide oils, was down 35 cents to $51.55 a barrel in London. On the Nasdaq, 1,846 issues fell and 953 advanced favoring decliners.

The biggest risers on the FTSE 100 Index were Coca-Cola HBC up 219p to 2,592p, WorldPay up 19p to 407.5p, Randgold Resources up 95p to 7,475p, WPP up 19p to 1,581p.

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