Oil prices surge, stocks slip after US kills Iranian general

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Oil prices surge, stocks slip after US kills Iranian general
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MARKETS: Major stock markets are falling after U.S. forces in Iraq killed a top Iranian general. The drop comes after a bullish start to the New Year.

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Stock indexes in London, Frankfurt and Paris fell, as did Hong Kong's earlier. Shanghai was little-changed and Japanese markets were closed.

There was no immediate indication how Iran would respond, but Tehran has seized oil tankers in the past and shot down a U.S. military drone. Benchmark U.S. crude climbed $2.19 to $63.37 per barrel in electronic trading on the New York Mercantile Exchange. In Asia, Hong Kong's Hang Seng lost 0.3% to 28,451.50. The Shanghai Composite Index was off 1.5 points at 3,083.79. India's Sensex lost 0.5% to 41,413.36 and Singapore also declined.The price of gold, which investors buy in times of uncertainty as a safe haven of value, was up 1.4% at $1,548.80 per ounce.

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funny how you always forget to mention when the stock market jumps up because of great economic news, but do the usual panic reporting when a situation causes it to drop. oh right, a Republican ordered the attack on the Terrorist in Iraq.

Like anything is going to happen today. Stock market is so fickle. 🙄. Ridiculous knee jerk reactions.

They will rebound once ya’ll realize this was one of the smartest things to do!

get rip project zorgo please

Just curious. Whatever happened to all of those anti war Trump supporters? Have you seen them around?

THAT IS JUST THE BEGINNING TOO. TRUMP JUST FUCKED THE USA WITH HIS ACT OF WAR THAT HE DID NOT EVEN CONSULT CONGRESS. H DESERVES TO BE HANDED OVER TO IRAN.

Yet yesterday, Lockheed, Raytheon, and all military-industrial stocks FUCKING SOARED just before market closure. Almost there is insider trading taking place and people knew in advance🤔

Oh my God is it the end?

What’s the net gain/loss since Trump took office?

やっぱり~

FAKE NEWS. They are up since the open today.

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