Futures lower as North Korea tensions linger

U.S. president Donald Trump has thwarted the Dow Jones' nine-day winning streak with threats of "fire and fury" against North Korea as the Vix reaches a monthly high.

Japan's Nikkei had been down more than 1% overnight Tuesday and South Korean shares had also slipped.

Mattis said North Korea must stop isolating itself and "stand down" in its pursuit of nuclear weapons, and Pyongyang "should cease any consideration of actions that would lead to the end of its regime and the destruction of its people".

Wall Street's widely followed measure of market anxiety, the CBOE Volatility index, was up 0.79 points at 16.77 on Friday, its highest since November.

Considerable weakness is also visible among tobacco stocks, as reflected by the 1.1% drop by the NYSE Arca Tobacco Index.

Dow Jones Industrial Average futures were down 0.23%, S&P 500 futures fell 0.4%, and Nasdaq futures slid 0.66%.

Energy stocks retreated 0.5 percent, despite higher oil prices.

Nordstrom shares were up 1.63 percent at $45.60 following the apparel retailer's better-than-expected quarterly same-store sales. The Dow is up 34.62 points or 0.2% at 21,878.63, the Nasdaq is up 25.62 points or 0.4% at 6,242.49 and the S&P 500 is up 4.36 points or 0.2% at 2,442.57.

'With little else to go on the global markets couldn't help but focus on Trump's North Korean "fire and fury",' said Connor Campbell, analyst at Spreadex.

Brian Jacobsen, chief portfolio strategist at Wells Fargo Funds Management, said: "While the tough talk about the potential for war (between the United States and North Korea) is scary, investors have heard it many times before".

Markets opened down across Europe, with the FTSE 100 losing 44 points in early trading hitting 7,499.42.

The Dow closed down 205 points Thursday, in its biggest decline since May 17, after U.S. President Donald Trump rejected criticism that his threats to release "fire and fury" had been too inflammatory.

The yield on USA 10-year Treasurys slid to 2.192% Friday from 2.211% Thursday.

'Equity markets have behaved as you would expect by selling off sharply, an entirely predictable outcome at any time but more so when volatility levels are as low as they are, which now suggests that these moves lower have the potential to gather pace until the rhetoric gets dialled back'.

Avis Budget Group slumped 9.9% after the vehicle rental company cut its guidance following a weak second quarter.

Stocks are opening slightly lower on Wall Street after several companies reported disappointing results.

The US dollar fell to 110.48 yen from 110.72 yen late on Monday. The euro rose to $1.1812 from $1.1774. Brent crude, the global standard, lost 23 cents to 52.14 dollars a barrel in London.