World Markets And The Price Of Oil Impacted By The Killing Of Iranian General Qassem Soleimani

USA Today: This is why the Dow fell more than 200 points on Friday while oil prices surged

Stocks dropped and oil prices surged Friday after a U.S. airstrike killed a top Iranian general, reigniting geopolitical tensions in the Middle East.

Stocks fell broadly but those losses shrank in afternoon trading. After tumbling more than 350 points following the opening bell, the Dow Jones industrial average ended down 233.92 points, or 0.8%, at 28,634.88. The Standard & Poor’s 500 fell 0.7% to end at 3,234.85. The technology-heavy Nasdaq Composite lost 0.8%, to finish at 9,020.77.

Friday's selloff snapped a five-week winning streak for the S&P 500. U.S. stocks had closed at records Thursday following a stellar 2019 performance, which saw them notch their best year since 2013.

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More News On The Impact Of World Markets And the Price Of Oil Over The Killing Of Qassem Soleimani

Trump says ordered killing of Iranian general to prevent war, not start one -- Reuters
U.S. says killing top Iran general averted plot against Americans -- Reuters
Qassem Soleimani assassination: Trump, Pompeo defend decision -- Al Jazeera
Trump tweets after Quds chief killing: ‘Iran never won a war, but never lost a negotiation!’ -- RT
Graham was briefed on the Iran strike while golfing with Trump. Pelosi says she was left in the dark -- Salon
'Wow - the price of killing Americans has just gone up drastically': Lindsey Graham leads Republican praise for Trump's airstrike on Iranian general as Kevin McCarthy hails the President's 'display of resolve and strength' -- Daily Mail