"If the USA and South Korea carry out strikes and try to overthrow the North Korean regime and change the political pattern of the Korean Peninsula, China will prevent them from doing so", the editorial's authors said.
"Given the great run we've had, seems like some sort of pullback wouldn't be surprising", said Michael Baele, managing director of investments at U.S. Bank Private Wealth Management.
The Dow Jones Industrial Average fell 37 points, or 0.17%, to end at 22,049, the S&P 500 lost one point, or 0.04%, to 2,474 and the Nasdaq Composite fell 18 points, or 0.28%, to 6,352. It has been more than a year since the last 5% downdraft in stocks and more than 76 weeks since the stock market suffered a 10% loss.
The CBOE Volatility Index, a barometer of expected near-term stock market volatility, closed at its highest since the USA presidential election on Thursday, but was down 1.22 points at 14.82 points on Friday.
USA stocks were on track for their biggest weekly loss in months, shaken by disappointing earnings results and an escalation of threats between the US and North Korea. Financial companies and department store operators were among the big decliners. Biotech companies Celgene and Amgen lost 3.8 percent and 2.6 percent, respectively.
Macy's Inc. tumbled 10.2 percent after the company said its sales continued to decline in the second quarter.
J.C. Penney Co. (JCP) slumped 17% after it reported a wider-than-expected second-quarter loss (http://www.marketwatch.com/story/jc-penney-shares-sink-after-losses-exceed-expectations-2017-08-11).
Eudy Sells 167 Shares of Essex Property Trust, Inc. (ESS) Stock
Finally, Gulf International Bank UK Ltd raised its position in shares of Essex Property Trust by 1.5% in the first quarter. Following the sale, the chief executive officer now owns 45,096 shares of the company's stock, valued at $11,903,991.12.
Pilot ejects, escapes injury as US fighter jet crash lands in Bahrain
Cmdr Urban said naval officials had begun an investigation into the crash and were trying to help the airport resume operations. Bahrain's state-run BNA news agency reported that the runway closed to all flights for two hours on Saturday afternoon.
Moto X4 press renders leak alongside full specs
The Moto X4 screen is IPS-matrix with a diagonal of 5.5 inches and Full HD resolution, and it is closed by glass Gorilla glass. The Moto X4 will also be IP68 dust and water resistant, offering additional protection for those with butter fingers.
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. Oil prices were headed higher.
Benchmark U.S. crude fell 97 cents, or 2 percent, to $48.59 a barrel on the New York Mercantile Exchange. The u.s. central bank, one of whose tasks is to contain the price rise, does not therefore appear to be obliged to accelerate the pace of the slow tightening of monetary that it has committed.
Federal funds futures suggested the chance of rate hike in December fell to 40 percent from 42 percent shortly before the release of the data. It added 39 cents to $49.56 a barrel on Wednesday. The consumer discretionary index plunged 0.47%.
CURRENCIES: The dollar slipped to 109.98 yen from 110.06 late Wednesday in Asia. Australia's S&P/ASX 200 edged down almost 0.1 per cent to 5,760.90, while South Korea's Kospi fell 0.5 per cent to 2,357.84. The major index futures are now pointing to a modestly higher open for the markets, with the Dow futures up by 21 points.
Korea's Samsung Electronics fell 2.8% Friday. The euro rose to $1.1753 from $1.1752.
Excluding food and energy prices, core consumer prices still crept up by 0.1 percent in July, matching the increases seen in the three previous months.