US stocks closed lower on Tuesday after Trump's comments sparked a late afternoon selling.
OIL: Benchmark U.S. crude added 21 cents to $49.38 a barrel on the New York Mercantile Exchange.
Shares of Walt Disney were down 4.23 percent, the biggest drag on Dow, as investors doubted whether the company can succeed with its plan to launch its own streaming services rather than rely on Netflix to reach online viewers.
U.S. markets fell on Wednesday morning, spooked by rising tension between the USA and North Korea.
The Dow lost 36.64 points, or 0.2 percent, to 22,048.70.
Tokyo's Nikkei 225 tumbled 1.3 percent to 19,737.59 points and Seoul's Kospi fell 0.7 percent to 2,378.56.
Residents of the tiny Pacific island of Guam say they're afraid of being caught in the middle of escalating tensions between the USA and North Korea after Pyongyang announced it was examining plans for attacking the strategically important US territory.
"The concern is about how this could devolve into a fairly messy state of affairs that would cause markets to sell first and ask questions later", said March Luschini, chief market strategist at Janney Capital Markets. Consumer-focused companies and technology stocks slumped.
This week, the S&P 500 started on a stronger note by rising to new record high price levels. The Shanghai Composite slipped 0.4 percent to 3,261.75.
Travel companies Priceline.com and TripAdvisor also weighed on markets, with shares falling more than 7%. On August 9, it rose 1.4% to 11.11.
The Labor Department said its producer price index for final demand edged down by 0.1% in July after inching up by 0.1% in June. Economic growth doubled to 2.6% during the second quarter. Macy's stock has reversed earlier losses, now up 1.4% in pre-market trading.
But that corporate news doesn't account for the two-month high in the price of gold, which serves as a safe haven during times of worry.
With Asian bourses and USA stock futures weakening early on Wednesday, the safe-haven 10-year Treasury yield was last down 3 basis points.
Traditional safe-haven currencies including the Swiss franc and Japanese yen rose against the USA dollar, while those from emerging markets slid. The common currency had lost about 0.4 per cent overnight after news USA job openings surged to a record in June reinforced Friday's robust payrolls data and supported the greenback. Brent crude, used to price global oils, gained 16 cents to $52.30 in London. Gold settled up 1.4% at $1,256.40 an ounce, then rose almost 2% - to almost $1,283 - after Wednesday's settlement. It rose $16, or 1.3 percent, to $1,278.60 an ounce. Copper fell 2 cents to $2.90 a pound. The euro slid to $1.1742 from $1.1752.
Markets were also lower in Europe and Asia. Fifteen of the Dow's 30 stocks ended higher, led by Home Depot and Travelers' 1.2% rallies. Just over 37 percent of its population are Chamorro, the indigenous people of the Mariana Islands.
South Korea's won dropped 0.9 percent against the US dollar to its lowest close since July 13.