USA stocks saw their largest losses since May on Thursday, as tensions mounted between North Korea and the US.
The Dow Jones industrial average lost 204 points, or 0.9 percent, to 21,844.
The index touched a low of 2,339.06 points during the session. The Nasdaq composite fell 35 points, or 0.5 percent, to 6,336.
"The standing committee of the NSC noted the security condition surrounding the Korean Peninsula was becoming serious due to North Korea's repeated provocations and threats", Park Soo-hyun, a spokesman for the presidential office Cheong Wa Dae, told reporters.
Meanwhile, gold stocks are bucking the downtrend, driving the NYSE Arca Gold Bugs Index up by 1.2 percent.
Blue Apron shares hit a record low at $5.03 after the meal-kit delivery service provider reported a bigger-than-expected loss in its first quarterly report as a public company. Netflix lost 1.5 per cent.
Asian stocks steadied and US Treasury bond prices fell slightly on Thursday as the risk aversion triggered by the latest flare up of tensions between the United States and North Korea began to settle.
Meanwhile, U.S. wholesale prices (http://www.marketwatch.com/story/us-wholesale-inflation-fall-01-in-july-first-decline-in-almost-a-year-2017-08-10) declined in July for the first time in nearly a year, providing additional evidence of tepid inflation that is bedeviling the Federal Reserve.
Guam´s local population numbers 162,000 and its economy depends primarily on tourism and the US military
Bond prices rose. The yield on the 10-year Treasury note slipped to 2.20 percent from 2.25 percent late Wednesday. The Dow is now 0.9% off its closing record, while the S&P 500 is 1.3% off and the Nasdaq is 2.7% off their respective closing records. The stock fell 85 cents to 12.76.
While gold, a safe-haven favorite, pared some gains, it was last up 1.2 percent, at around its highest since mid-June.
The major European markets are also seeing continued weakness on the day. The Dow shed 0.2 percent. Japan's Nikkei 225 Index edged down by 0.1%, while Hong Kong's Hang Seng Index tumbled by 1.1%. Brent crude, used to price global oils, gave up 29 cents to $51.85 in London.
ENERGY: Benchmark U.S. crude lost 23 cents to $48.94 per barrel in electronic trading on the New York Mercantile Exchange. Silver also rose, gaining 43 cents, or 2.6 percent, to $16.82 an ounce.
Markets were also lower in Europe and Asia.
In a tense situation like this, equity markets can move lower exceptionally fast, and investors don't want to be caught on the wrong side of the markets, so they are getting out now'.
The Japanese yen strengthened 0.35 per cent versus the greenback at 109.94 per dollar.
On Tuesday, stronger-than-expected United States jobs data from the Labor Department weighed on gold, dragging prices to the lowest since July 26 at $1,251.01 an ounce. The euro slid to 1.1752 dollars from 1.1793.