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European stocks face worst week in 9 months on U.S.-North Korea tensions

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In Frankfurt, the DAX 30 is under pressure on Friday.

European stocks were shoved lower Friday, heading for their worst weekly loss in nine months, as the war of words between the U.S. and North Korea prompted investors to back away from assets perceived as risky. The Stoxx Europe 600 SXXP, -1.09% lost 1.1% to 372.04. No sector moved higher. Oil and gas SXEP, -1.78%  , tech and basic material SXPP, -2.48%   shares were losing the most. For the week, the index was on course to fall 2.7% and that would mark the worst week since early November 2016, just before the U.S. presidential election.
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