Investing.com - U.S. stock futures pointed to lower open on Wednesday morning, as investors shunned riskier assets amid intensifying tensions between the U.S. and North Korea, with Pyongyang saying it is considering plans to attack Guam.
A spokesman for the Korean People's Army said in a statement that it was "carefully examining" plans for a missile attack on the U.S. Pacific territory, which has a large American military base.
The comments came just hours after U.S. President Donald Trump warned North Korea that any threat to the U.S. would be met with "fire and fury".
The blue-chip Dow futures fell 34 points, or about 0.2%, by 6:30AM ET (1030GMT), the S&P 500 futures dropped 10 points, or around 0.4%, while the tech-heavy Nasdaq 100 futures lost 34 points, or roughly 0.6%.
U.S. stocks closed lower on Tuesday, scaling back from record highs, after Trump's vow to respond aggressively to any North Korean threats triggered a late afternoon selling spree.
The media giant also announced plans to end its distribution deal with Netflix and launch its own ESPN and Disney streaming services.
Shares in streaming giant Netflix (NASDAQ:NFLX) fell nearly 4% premarket in response to Disney's announcement.
Priceline (NASDAQ:PCLN) dropped almost 7% ahead of the open. The online travel broker late Tuesday provided weak guidance for its third quarter, despite posting quarterly earnings that topped forecasts.
Looking to commodities, oil prices posted solid gains as investors looked ahead to the Energy Department's weekly supply report at 10:30AM ET (1430GMT).
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