Stocks fell broadly and oil prices surged Friday after a U.S. strike killed a top Iranian general in Iraq, raising tensions in the Middle East.
Technology, financial and health care stocks accounted for much of the selling, which ended a five-week winning streak for the S&P 500. The price of oil jumped 3.1%. Bond prices rose as investors sought safety, sending yields lower.
The S&P 500 dropped 23 points, or 0.7%, to 3,234.85.
The Dow Jones Industrial Average fell 233.92 points, or 0.8%, to 28,634.88.
The Nasdaq lost 71.42 points, or 0.8%, to 9,020.77.
The Russell 2000 index of smaller company stocks gave up 5.90 points, or 0.4%, to 1,660.87.
For the week:
The S&P 500 fell 5.17 points, or 0.2%.
The Dow dropped 10.38 points, or 0.04%.
The Nasdaq rose 14.15 points, or 0.2%.
The Russell 2000 lost 8.16 points, or 0.5%.
For the year:
The S&P 500 is up 4.07 points, or 0.1%.
The Dow is up 96.44 points, or 0.3%.
The Nasdaq is up 48.16 points, or 0.5%.
The Russell 2000 is down 7.60 points, or 0.5%.