5 things to know before the market opens as oil jumps on the killing of top Iran military leader

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Stock futures fell sharply after the U.S. confirmed it was behind an airstrike that killed Qasem Soleimani, a top Iranian military leader.

. Soleimani's death not only heightened tensions between Iran and the U.S., it also raised concern over an energy shock that could hurt the global economy. Friday's losses would take a big chunk out of Thursday's strong rally to record highs.Flames burn from gas venting pipes on the Casablanca oil platform, operated by Repsol SA, in the Mediterranean Sea off the coast of Tarragona, Spain, on Tuesday, June 28, 2016.

. Iranian Foreign Minister Mohammad Javad Zarif said in a tweet: "The U.S. bears responsibility for all consequences of its rogue adventurism." Meanwhile, Iranian Defense Minister Amir Hatami reported said that "a crushing revenge" will be taken by Iran. Iranian President Hassan Rouhani also said the country's stance against the U.S. will be "more decisive" moving forward.U.S.

." The Embassy added citizens should "depart via airline while possible, and failing that, to other countries via land."Stephen Lam | Getty Images An analyst at Bank of America hiked his Apple price target to $330 per share from $290 per share a day after the stock hit $300 for the first time. "Current data points suggest continued revenue strength for Apple including continued double digit y/y App store revenue growth," the analyst said. However, Apple shares dipped 0.6% before the bell, as the broader market remained under pressure.

 

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