European stocks sold off Friday, wrapping up their worst week 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.

U.S. stocks closed higher on Friday as Wall Street clawed back from a sharp decline in the previous session but the market still posted a weekly loss on lingering geopolitical uncertainties.

Stock markets across Asia were higher on Monday following last week's pullback, as senior U.S. officials over the weekend sought to play down risks of a military conflict with North Korea.