The stock exchanges in New York opened considerably lower on Friday, following the new record levels a day earlier. Just as in Europe, tensions in the Middle East are pushing sentiment on Wall Street.
During an American drone attack in Iraq, the high Iranian general Qassem Soleimani died. Iran swore revenge. Oil became considerably more expensive as a result of the unrest.
The Dow-Jones index recorded a minus of 0.8 percent on 28,641 points shortly after opening. The broad S&P 500 fell 0.8 percent to 3232 points, and the technology level meter Nasdaq lost 0.9 percent to 9013 points.
The attack was by order of President Donald Trump. Soleimani enjoyed war hero status in Iran through his actions in Iraq and Syria. He was the right hand of the most powerful man in the country, spiritual leader Ali Khamenei.
Oil became considerably more expensive, and in the wake of energy companies such as Chevron, Apache and Marathon Oil went up with pluses to 1.8 percent. Oil service benefactors such as Schlumberger, Halliburton and Transocean also benefited with price gains of up to 2.3 percent, as did the defence companies Lockheed Martin and Northrop Grumman, which were set up by 4.3 percent.
Tech giant Apple (minus 0.4 percent) is also in the spotlight. The share of the iPhone maker was worth more than $ 300 for the first time at the closing bell on Thursday. Tesla announced that electric cars produced in China will become cheaper. The company also delivered more cars than expected last year. Tesla won 3.8 percent.
Furthermore, attention is paid to the minutes of the most recent policy reserve meeting of the Federal Reserve that come later in the day. At the mid-December meeting, the central bank umbrella organization kept interest rates unchanged.
The decision to leave the levels undisturbed was unanimous for the first time since May and was also generally expected on the financial markets. Investors will look for clues for future policy. There are also figures from market researcher ISM on American industry and data on American building spending.