Silver has regained some lost sheen this week, as the precious metal looks to lock in a 5% gain amid ongoing tensions between the USA and North Korea.
OIL: Benchmark U.S. crude lost 24 cents to $48.37 per barrel on the on the New York Mercantile Exchange while Brent crude, used to price worldwide oils, declined 20 cents to $51.70 per barrel in London.
The Dow Jones Industrial Average fell 0.9 percent to end at 21,844.01, the only close below 22,000 since breaking through that level for the first time August 2.
About 7.5 billion shares changed hands on US exchanges, well above the 6.25 billion average for the last 20 days.
Other markets: Oil turned lower after the International Energy Agency said oil supply rose for a third month as compliance with an OPEC output deal faltered but prices have rebounded (http://www.marketwatch.com/story/oil-prices-head-lower-as-global-tensions-continue-unabated-2017-08-11) to edge up.
With the rhetoric rumbling on, Europe's top-rated German bond yield held near six-week lows.
Trump was responding to North Korea's claim it was completing plans to fire four intermediate-range missiles over Japan to land near the U.S. Pacific territory of Guam. The dollar hit an eight-week low against the yen Thursday on U.S. Weakness in U.S. Treasury yields may also be supporting the yen.
US DATA: The other potential driver in markets will be upcoming USA economic data, including monthly inflation figures, which could go a long way to determining expectations for the pace at which the Federal Reserve raises interest rates.
The market was also waiting for data that would offer clues about the extent to which the strengthening USA labour market is spilling over into inflation.
Trump aide says Tillerson's role is diplomatic, not military
Ultimately, Obama advocates eliminating all nuclear weapons, a goal he has acknowledged might not be realized in his lifetime.
Texas parking garage gets fix as drivers drive off top floor
A woman KXAN spoke with who uses the parking garage said, "Good to know they're looking at a redesign and we need that. I don't design buildings, but there seems to be something, a flaw, ' Carlisle added.
Trump's DC hotel is raking in cash
The Trump Organization won a contract from the federal government to renovate the Old Post office and turn it into a hotel. It had an occupancy rate of 44.4 percent, versus an average 69.5 percent occupancy rate for comparable hotels.
U.S. ECONOMY: Employers posted a record number of open jobs in June while a survey of small businesses showed optimism improving. Seagate shares rose 74 cents to $32.29. Silver gained 1 cent to $17.07 an ounce. The FTSE 100 ended 44.67 points lower at 7498.06. The Nasdaq added 39.68 points, or 0.6 percent, to 6,256.56.
The Korean won continued to fall versus the dollar, down 0.13 percent to 1,143.5 on Friday for a 1.6 percent decline on the week.
Crude oil prices tumbled on the back of the selloff on Wall Street and lingering concerns over global oversupply. North Korea responded with threats to launch missiles into the Pacific Ocean near Guam, a USA territory.
As Tracy reported earlier Friday on "CBS This Morning", President Trump has fanned the flames of the rhetorical battle with North Korea even as he appeals to China to solve the crisis diplomatically.
USA crude CLc1 was unchanged at $48.59 per barrel and Brent LCOc1 was last at $51.84, down 1.63 percent on the day.
Inflation has risen 1.7 percent over the past 12 months, suggesting that inflation pressures remain well under control.
Meanwhile, the Russell 2000 index of small-cap stocks looked poised for a weekly drop of almost 3%, its biggest one-week decline since February 2016.