Friday is on pace to be the largest single-day spike in oil prices in more than three years.
ByDerek Saul
ByDerek Saul,
Forbes Staff.
Geopolitical concerns returned to Wall Street after Israel struck Iran in a move President Donald Trump indicated the U.S. was aware of, causing stocks to slump and oil prices to shoot higher Friday, and impacting these stocks the most.
Friday is on pace to be the largest loss for the Dow in three weeks.
The war between the U.S. and Iran is threatening to widen and jolt global energy supplies.
Dow closed 450 points down and S&P dipped 1.7% while Nasdaq fell 2.3% into correction territory
On Saturday, the United States joined Israel's war against Iran after attacking three key Iranian nuclear sites.
The latest choppy trading follows heavy turbulence in the market earlier in the week, which has the major indexes headed for…
The S&P 500 fell 0.6% and was on track for its first loss this week. The Dow was down 380 points, or 0.8%, as of 12:55 pm ET.
Stocks are heading into the end of the shortened trading week
