Oil prices surged, global stocks faltered and gold rallied after a U.S. airstrike in Baghdad killed an Iranian military leader, recharging tensions in the oil-rich Middle East. Brent crude gained as much as 4.2%, hitting an 8-month high at $69.01. WTI climbed 3.9% to $63.57. In the U.S., S&P 500 futures fell 1.1%. The S&P and other...

Source: Wall Street Journal January 03, 2020 08:03 UTC