Hong Kong's Hang Seng Index plunged by 2 percent, while South Korea's Kospi Index slumped by 1.7 percent.
The Dow Jones Industrial Average closed down 204.69 points, or 0.93 percent, at 21,844.01, the S&P 500 lost 35.81 points, or 1.45 percent, to end the session at 2,438.21 and the Nasdaq Composite fell 135.46 points, or 2.13 percent, to 6,216.87.
"Markets are looking for any reason at all for a reset. That reset is being triggered by North Korea geopolitical concern and stretched valuations", said Peter Kenny, senior market strategist at Global Markets Advisory Group, New York.
The Labor Department said its consumer price index inched up by 0.1 percent in July after coming in unchanged in June.
The S&P is trading near its most expensive valuation level since 2004, as measured by the price-to-12-month forward earnings ratio.
USA stocks deepened their losses following the latest Trump comments, and the S&P 500 volatility index, known unofficially as the "fear index", rose decisively.
"As a portfolio manager, you say, 'Do I think we'll get a war out of this?'" said Torsten Slok, chief worldwide economist at Deutsche Bank, referring to the back and forth between North Korea and President Donald Trump.
"Military solutions are now fully in place, locked and loaded, should North Korea act unwisely".
Charlottesville auto crash suspect ID'd as 20-year-old OH man Two Virginia state troopers en route to the crash scene in a helicopter were also killed when their chopper crashed, police said. Although a few cars were held up by the march, police say the demonstration was peaceful and there were no arrests.
Still, the S&P and the Dow were on track to post their biggest weekly loss in about five months and the Nasdaq on course to post its biggest weekly fall in about six weeks. The average for new 52-week lows this year is about 230 per day.
Six of the S&P 500 sectors ended higher. "If the answer is 'yes, ' then you better get defensive".
"There was some skittishness earlier but then some buyers stepped in", he said. "I think a few investors are capitulating to it".
The U.S. equity market is hovering near record levels and volume has been tepid following the onset of summer. Yields on bonds move inversely to their price.
The CBOE Volatility Index, better known as the VIX and the most widely followed barometer of expected near-term stock market volatility, rose the most in about 12 weeks.The index ended up 4.93 points at 16.04, the highest level since November 8, when Trump was elected president.
Investors instead turned to safe-haven assets such as gold, pushing it to a two-month high, and the Japanese yen rose.
In an inversion of the curve, the spot VIX rose above VIX futures, meaning traders are paying more for protection against a sudden sharp drop on the S&P than for protection in the future.
The three major US indices have sold off this week amid investors' jitters after Trump said on Tuesday that threats from Pyongyang would be "met with fire and fury like the world has never seen". When you're due, there's always going to be something that happens in the world that's going to make people nervous.
Of the 73 patients in the 100-bed encephalitis ward, 54 were on ventilator when the oxygen supply was disrupted at 7.30 am. The carelessness has brought up an issue over the prevailing infrastructure in the State-run hospitals in Uttar Pradesh .
Cruise was strapped into a safety device during the stunt but fell short when he jumped between the buildings. Cruise explained , "I was hit by a tiny particle from the runway and I literally thought it broke my ribs".
Earlier, the youth clashed with the security forces in Awneera to break the cordon around the village on Saturday. A civilian, Imtiyaz Ahmad Mir, who sustained injuries in a petrol bomb explosion succumbed to his injuries.
The statement was issued a day after the meeting of the 27 members of the major regional security forum in Manila. However, he said, China will enforce the resolution regardless in the name of regional peace and stability.
He said that if he was still working in the White House, he would not have recommended Trump make the statement he did. Violence broke out Saturday at a white supremacist rally in Charlottesville , Virginia.
These and other unsettling nuclear attack survival tips have been released by Guam Homeland Security and Office of Civil Defense. Resident Isaac Camacho, 19, says he feels Guam's relationship with the US mainland is "a little misunderstood on their part".
When Mahathir was responding to a question about the Memali tragedy, slippers were was hurled in his direction. The former prime minister was not hit by the slipper or injured in the incident. "This is a cowardly act".
Rimmer wasted no time in attempting some moves as he offered a hint of a cha cha when egged on by show guest Martine McCutcheon. Simon Rimmer has been named as the seventh celebrity taking part in the upcoming series of 'Strictly Come Dancing' .
Other celebrities , such as Eminem and Cher, have also made donations and supported Flint in the wake of the crisis. After announcing the donation in concert, Mars told the Palace crowd, "This is why we love what we do".
State Treasurer State of Michigan's holdings in Ensco Plc were worth $646,000 at the end of the most recent reporting period. While looking the figure depicted by the Price to Earning we can suggest that the shares of Ensco plc (ESV) are overvalued.
Significant strength was also visible among software stocks, as reflected by the 1.2% gain posted by the Dow Jones Software Index. Hong Kong's Hang Seng Index plunged by 2 percent, while South Korea's Kospi Index slumped by 1.7 percent.
Tillerson says NKorea must halt launches to talk
In this regard, South Korea saw a possible move that might alleviate tensions by proposing dialogues with #North Korea . One of the concerns raised during the discussion was the recurring missile tests conducted by North Korea.
Romelu Lukaku nets twice as Man United ease past West Ham
However the ability of his United side to reach those heights will depend on the ability of Lukaku , according to Martin Keown. Manchester United won the EFL Cup and the Europa League last season to mask over their Premier League disappointment.
No change to Alexis Sanchez situation says Arsene Wenger
After Arsenal's Wembley win on Sunday, Wenger admitted he was looking to trim his squad before the transfer window closes. New signing Lacazette took no time scoring in front of his new fans as he scored a true strikers goal.
Two US service members killed in combat operations
But as the fight has evolved over the past three years, more and more USA troops are operating close to the front lines. More than 1,200 Iraqi forces were killed in the battle for Mosul and more than 6,000 wounded, U.S.
Four UAE soldiers die in helicopter crash in Yemen
The Saudi-led coalition began its war in Yemen in March 2015 against Shiite rebels known as Houthis who hold the capital, Sanaa. Initial reports issued by the Saudi Press Agency said the soldiers sustained "minor injuries" following an emergency landing.
Stocks drop, led by technology companies
Retailers slid after department stores Macy's and Kohl's both said same-store sales continued to decline in the latest quarter. Cappelleri said he would need to see more pullbacks of at least 1% before becoming anxious about the stock market.