Overnight the Dow Jones Industrial Average on Wall Street fell 0.2% to 22,085.34, ending a winning streak of 10-consecutive record high closes. The Shanghai Composite added 0.08 percent and the Shenzhen Composite inched higher by 0.073 percent.
Nervous trading marked the 10th anniversary of the start of the financial crisis on Wednesday, after Donald Trump's warning that North Korea faced "fire and fury like the world has never seen" if it continued to make threats against the US.
On the currency front, the United States dollar is trading at 108.82 yen compared to the 109.20 yen it fetched at the close of NY trading on Thursday.
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.
CURRENCY: The dollar declined to 109.79 yen from Tuesday's 110.34 yen.
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Following the transaction, the chief executive officer now owns 25,400 shares in the company, valued at approximately $417,830. Revenue for the quarter also killed consensus, coming in at $126.23 Million, compared to the consensus of 121.9 Million.
ANALYST'S TAKE: "The tensions between North Korea and the U.S.is an excuse for profit-taking", Seo Sang Young, an analyst at Kiwoom Securities.
The dollar came under immediate pressure and gold moved to fresh 2-month highs just above $1,290 per ounce.
With Japanese markets closed for a public holiday, Hong Kong led the downward charge in Asia-Pacific as the Hang Seng lost more than two percent. On August 9, it rose 1.4% to 11.11.
Australian shares fell to near three-week lows in a broad-based selloff.
Until this week, the equity market had managed to shake off negative news, including previous saber-rattling over North Korea and failures in Washington to pass high-profile bills, such as repealing and replacing Obamacare.
In European markets, the French CAC 40 was down 0.3% and Frankfurt's DAX 30 shed 0.8%.
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He also hit out at Nitish Kumar, upset that he "did not even discuss with us" the decision to partner with the BJP in Bihar. On Tuesday during the Rajya Sabha elections from Gujarat, JD (U) spokesperson said that the lone MLA had voted for the BJP.
Separately, industry data showed that New Zealand's house prices increased in July from a year ago, while the volume of sales plunged.
Gold rose to its highest level in nearly two months, while the Swiss franc increased by more than 1% against the U.S. dollar and saw its biggest one-day gain against the euro in more than two and a half years.
In the economic calendar on Friday, France's consumer price index is at 0745 BST.
Shares of J.C. Penney (JCP) are moving sharply lower in pre-market trading after the department store operator reported a wider than expected second quarter loss despite better than expected revenues. Energy stocks fell along with crude prices as investors kept an eye on the latest company earnings and geopolitical news.
FED WATCH: Investors looked ahead to an appearance Thursday by Bill Dudley, president of the U.S. Federal Reserve Bank of NY, for signs of the Fed's outlook on the economy.
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On the other hand, President Trump has been criticized for not calling out the racism happening in America right now. The confrontation was a stark reminder of the growing political polarization since Trump's election previous year .