Wall Street stocks ended a winning streak of records to finish solidly lower Friday, as Iran vowed to avenge the US killing of one of its top military commanders in Baghdad.[NEW YORK] Wall Street stocks ended a winning streak of records to finish solidly lower Friday, as Iran vowed to avenge the US killing of one of its top military commanders in Baghdad.The broad-based S&P 500 dropped 0.7 per cent to 3,234.85, while the tech-rich Nasdaq Composite Index fell 0.8 per cent to close at 9,020.
Major indices had closed at records on Thursday, but the US attack on Qasem Soleimani - and Iran's threat to avenge his death - shook the market out of a state of contentment that has produced numerous records in recent weeks.In Washington, a Pentagon official said the US would deploy at least 3,000 additional troops to the Middle East as Iran's supreme leader Ayatollah Ali Khamenei promised"severe revenge" for the death of the military mastermind.
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Source: The Straits Times - 🏆 8. / 63 Read more »