U.S. Killing of Iranian Military Leader Puts Brakes on Global Stock Rally

Oil prices surge and stocks falter after a U.S. airstrike in Baghdad kills Iranian military leader Qassem Soleimani

In Asian trading hours on Friday, U.S. S&P 500 equity futures fell 0.8%. The S&P and other U.S. benchmarks had closed at record highs on Thursday, after a move by China to rejuvenate its slowing economy.

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