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.