Dow drops 650 points as Iran war sends oil prices surging

Dow drops 650 points as Iran war sends oil prices surging U.S. crude oil prices soared 9% on Friday. The Dow Jones Industrial Average plummeted more than 650 points in early trading on Friday as the Iran war continued to spike oil prices. The Dow fell 657 points, or 1.3%, while the S&P 500 dropped 1.2%. The tech-heavy Nasdaq declined 1%. In a post on social media on Friday morning, President Donald Trump appeared to rule out a compromise with Iran. Trump said there would be "no deal with Iran except UNCONDITIONAL SURRENDER!" Oil prices soared as traders feared a prolonged blockade of the Strai

Dow drops 650 points as Iran war sends oil prices surging U.S. crude oil prices soared 9% on Friday. The Dow Jones Industrial Average plummeted more than 650 points in early trading on Friday as the Iran war continued to spike oil prices. The Dow fell 657 points, or 1.3%, while the S&P 500 dropped 1.2%. The tech-heavy Nasdaq declined 1%. In a post on social media on Friday morning, President Donald Trump appeared to rule out a compromise with Iran. Trump said there would be "no deal with Iran except UNCONDITIONAL SURRENDER!" Oil prices soared as traders feared a prolonged blockade of the Strai